Target Healthcare REIT Balance Sheet Health
Financial Health criteria checks 3/6
Target Healthcare REIT has a total shareholder equity of £665.1M and total debt of £249.9M, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are £946.7M and £281.6M respectively. Target Healthcare REIT's EBIT is £56.9M making its interest coverage ratio 5.7. It has cash and short-term investments of £17.6M.
Key information
37.6%
Debt to equity ratio
UK£249.86m
Debt
| Interest coverage ratio | 5.7x |
| Cash | UK£17.63m |
| Equity | UK£665.05m |
| Total liabilities | UK£281.64m |
| Total assets | UK£946.69m |
Recent financial health updates
No updates
Recent updates
Target Healthcare REIT PLC Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 16
What Type Of Shareholders Own The Most Number of Target Healthcare REIT PLC (LON:THRL) Shares?
Mar 16Target Healthcare REIT PLC (LON:THRL) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?
Jan 22Financial Position Analysis
Short Term Liabilities: THRL's short term assets (£33.3M) exceed its short term liabilities (£23.3M).
Long Term Liabilities: THRL's short term assets (£33.3M) do not cover its long term liabilities (£258.4M).
Debt to Equity History and Analysis
Debt Level: THRL's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: THRL's debt to equity ratio has increased from 16.9% to 37.6% over the past 5 years.
Debt Coverage: THRL's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: THRL's interest payments on its debt are well covered by EBIT (5.7x coverage).