HealthCo Healthcare and Wellness REIT Balance Sheet Health
Financial Health criteria checks 1/6
HealthCo Healthcare and Wellness REIT has a total shareholder equity of A$919.9M and total debt of A$478.0M, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are A$1.4B and A$521.5M respectively. HealthCo Healthcare and Wellness REIT's EBIT is A$50.8M making its interest coverage ratio 2. It has cash and short-term investments of A$19.9M.
Key information
52.0%
Debt to equity ratio
AU$478.00m
Debt
| Interest coverage ratio | 2x |
| Cash | AU$19.90m |
| Equity | AU$919.90m |
| Total liabilities | AU$521.50m |
| Total assets | AU$1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCW's short term assets (A$52.7M) exceed its short term liabilities (A$40.6M).
Long Term Liabilities: HCW's short term assets (A$52.7M) do not cover its long term liabilities (A$480.9M).
Debt to Equity History and Analysis
Debt Level: HCW's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: Insufficient data to determine if HCW's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HCW's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: HCW's interest payments on its debt are not well covered by EBIT (2x coverage).