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$937.9M and total debt of A$488.6M, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are A$1.5B and A$519.8M respectively. HealthCo Healthcare and Wellness REIT's EBIT is A$31.9M making its interest coverage ratio 1.5. It has cash and short-term investments of A$4.7M.
Key information
52.1%
Debt to equity ratio
AU$488.60m
Debt
Interest coverage ratio | 1.5x |
Cash | AU$4.70m |
Equity | AU$937.90m |
Total liabilities | AU$519.80m |
Total assets | AU$1.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCW's short term assets (A$32.2M) exceed its short term liabilities (A$28.1M).
Long Term Liabilities: HCW's short term assets (A$32.2M) do not cover its long term liabilities (A$491.7M).
Debt to Equity History and Analysis
Debt Level: HCW's net debt to equity ratio (51.6%) 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 (3.9%).
Interest Coverage: HCW's interest payments on its debt are not well covered by EBIT (1.5x coverage).