Ryman Healthcare Balance Sheet Health
Financial Health criteria checks 3/6
Ryman Healthcare has a total shareholder equity of NZ$4.9B and total debt of NZ$2.5B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are NZ$13.1B and NZ$8.2B respectively. Ryman Healthcare's EBIT is NZ$5.9M making its interest coverage ratio 0.1. It has cash and short-term investments of NZ$33.3M.
Key information
51.5%
Debt to equity ratio
NZ$2.51b
Debt
Interest coverage ratio | 0.1x |
Cash | NZ$33.30m |
Equity | NZ$4.86b |
Total liabilities | NZ$8.22b |
Total assets | NZ$13.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RH7's short term assets (NZ$851.2M) exceed its short term liabilities (NZ$544.2M).
Long Term Liabilities: RH7's short term assets (NZ$851.2M) do not cover its long term liabilities (NZ$7.7B).
Debt to Equity History and Analysis
Debt Level: RH7's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: RH7's debt to equity ratio has reduced from 59.6% to 51.5% over the past 5 years.
Debt Coverage: RH7's debt is well covered by operating cash flow (29.7%).
Interest Coverage: RH7's interest payments on its debt are not well covered by EBIT (0.1x coverage).