Impact Healthcare REIT Balance Sheet Health
Financial Health criteria checks 3/6
Impact Healthcare REIT has a total shareholder equity of £478.1M and total debt of £179.9M, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are £667.3M and £189.2M respectively. Impact Healthcare REIT's EBIT is £42.3M making its interest coverage ratio 5.5. It has cash and short-term investments of £9.4M.
Key information
37.6%
Debt to equity ratio
UK£179.94m
Debt
Interest coverage ratio | 5.5x |
Cash | UK£9.39m |
Equity | UK£478.11m |
Total liabilities | UK£189.18m |
Total assets | UK£667.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IHRL's short term assets (£10.3M) exceed its short term liabilities (£6.9M).
Long Term Liabilities: IHRL's short term assets (£10.3M) do not cover its long term liabilities (£182.3M).
Debt to Equity History and Analysis
Debt Level: IHRL's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: IHRL's debt to equity ratio has increased from 12.5% to 37.6% over the past 5 years.
Debt Coverage: IHRL's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: IHRL's interest payments on its debt are well covered by EBIT (5.5x coverage).