Green Cross Health Limited

NZSE:GXH Stock Report

Market Cap: NZ$149.2m

Green Cross Health Balance Sheet Health

Financial Health criteria checks 4/6

Green Cross Health has a total shareholder equity of NZ$162.6M and total debt of NZ$31.4M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are NZ$374.9M and NZ$212.3M respectively. Green Cross Health's EBIT is NZ$30.1M making its interest coverage ratio 3.6. It has cash and short-term investments of NZ$18.5M.

Key information

19.3%

Debt to equity ratio

NZ$31.38m

Debt

Interest coverage ratio3.6x
CashNZ$18.45m
EquityNZ$162.64m
Total liabilitiesNZ$212.30m
Total assetsNZ$374.94m

Recent financial health updates

Recent updates

Green Cross Health Limited's (NZSE:GXH) Share Price Is Matching Sentiment Around Its Earnings

Dec 24
Green Cross Health Limited's (NZSE:GXH) Share Price Is Matching Sentiment Around Its Earnings

Green Cross Health (NZSE:GXH) Has Announced That Its Dividend Will Be Reduced To NZ$0.0294

Dec 03
Green Cross Health (NZSE:GXH) Has Announced That Its Dividend Will Be Reduced To NZ$0.0294

Green Cross Health (NZSE:GXH) Is Paying Out A Dividend Of NZ$0.0412

Nov 28
Green Cross Health (NZSE:GXH) Is Paying Out A Dividend Of NZ$0.0412

Capital Allocation Trends At Green Cross Health (NZSE:GXH) Aren't Ideal

May 04
Capital Allocation Trends At Green Cross Health (NZSE:GXH) Aren't Ideal

Green Cross Health (NZSE:GXH) Share Prices Have Dropped 58% In The Last Five Years

Mar 14
Green Cross Health (NZSE:GXH) Share Prices Have Dropped 58% In The Last Five Years

Is Green Cross Health Limited (NZSE:GXH) Popular Amongst Insiders?

Feb 12
Is Green Cross Health Limited (NZSE:GXH) Popular Amongst Insiders?

Has Green Cross Health (NZSE:GXH) Got What It Takes To Become A Multi-Bagger?

Jan 28
Has Green Cross Health (NZSE:GXH) Got What It Takes To Become A Multi-Bagger?

Is Green Cross Health Limited's (NZSE:GXH) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Jan 13
Is Green Cross Health Limited's (NZSE:GXH) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Does Green Cross Health (NZSE:GXH) Have A Healthy Balance Sheet?

Dec 29
Does Green Cross Health (NZSE:GXH) Have A Healthy Balance Sheet?

Would Shareholders Who Purchased Green Cross Health's (NZSE:GXH) Stock Five Years Be Happy With The Share price Today?

Dec 14
Would Shareholders Who Purchased Green Cross Health's (NZSE:GXH) Stock Five Years Be Happy With The Share price Today?

We Think Green Cross Health's (NZSE:GXH) Statutory Profit Might Understate Its Earnings Potential

Nov 29
We Think Green Cross Health's (NZSE:GXH) Statutory Profit Might Understate Its Earnings Potential

Financial Position Analysis

Short Term Liabilities: GXH's short term assets (NZ$82.0M) do not cover its short term liabilities (NZ$93.2M).

Long Term Liabilities: GXH's short term assets (NZ$82.0M) do not cover its long term liabilities (NZ$119.1M).


Debt to Equity History and Analysis

Debt Level: GXH's net debt to equity ratio (7.9%) is considered satisfactory.

Reducing Debt: GXH's debt to equity ratio has reduced from 40.7% to 19.3% over the past 5 years.

Debt Coverage: GXH's debt is well covered by operating cash flow (114.1%).

Interest Coverage: GXH's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


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