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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 17:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HealthCo Healthcare and Wellness REIT is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew MacFarlane | Bell Potter |
| Jeffrey Pehl | Goldman Sachs |
| Sholto Maconochie | Jefferies LLC |