Green Cross Health Balance Sheet Health
Financial Health criteria checks 4/6
Green Cross Health has a total shareholder equity of NZ$166.6M and total debt of NZ$34.9M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are NZ$383.3M and NZ$216.7M respectively. Green Cross Health's EBIT is NZ$31.3M making its interest coverage ratio 3.3. It has cash and short-term investments of NZ$23.4M.
Key information
21.0%
Debt to equity ratio
NZ$34.95m
Debt
| Interest coverage ratio | 3.3x |
| Cash | NZ$23.40m |
| Equity | NZ$166.61m |
| Total liabilities | NZ$216.68m |
| Total assets | NZ$383.29m |
Recent financial health updates
Here's Why Green Cross Health (NZSE:GXH) Has A Meaningful Debt Burden
Jul 24
Does Green Cross Health (NZSE:GXH) Have A Healthy Balance Sheet?
Dec 29Recent updates
Here's Why Green Cross Health (NZSE:GXH) Has A Meaningful Debt Burden
Jul 24Little Excitement Around Green Cross Health Limited's (NZSE:GXH) Earnings As Shares Take 29% Pounding
Jun 27There May Be Some Bright Spots In Green Cross Health's (NZSE:GXH) Earnings
Jun 06Green Cross Health (NZSE:GXH) Will Pay A Smaller Dividend Than Last Year
Jun 05Green Cross Health Limited's (NZSE:GXH) Share Price Is Matching Sentiment Around Its Earnings
Dec 24Green Cross Health (NZSE:GXH) Has Announced That Its Dividend Will Be Reduced To NZ$0.0294
Dec 03Green Cross Health (NZSE:GXH) Is Paying Out A Dividend Of NZ$0.0412
Nov 28Capital Allocation Trends At Green Cross Health (NZSE:GXH) Aren't Ideal
May 04Green Cross Health (NZSE:GXH) Share Prices Have Dropped 58% In The Last Five Years
Mar 14Is Green Cross Health Limited (NZSE:GXH) Popular Amongst Insiders?
Feb 12Has Green Cross Health (NZSE:GXH) Got What It Takes To Become A Multi-Bagger?
Jan 28Is Green Cross Health Limited's (NZSE:GXH) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 13Does Green Cross Health (NZSE:GXH) Have A Healthy Balance Sheet?
Dec 29Would Shareholders Who Purchased Green Cross Health's (NZSE:GXH) Stock Five Years Be Happy With The Share price Today?
Dec 14
We Think Green Cross Health's (NZSE:GXH) Statutory Profit Might Understate Its Earnings Potential
Nov 29Financial Position Analysis
Short Term Liabilities: GXH's short term assets (NZ$79.8M) do not cover its short term liabilities (NZ$87.8M).
Long Term Liabilities: GXH's short term assets (NZ$79.8M) do not cover its long term liabilities (NZ$128.9M).
Debt to Equity History and Analysis
Debt Level: GXH's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: GXH's debt to equity ratio has reduced from 36.7% to 21% over the past 5 years.
Debt Coverage: GXH's debt is well covered by operating cash flow (131.5%).
Interest Coverage: GXH's interest payments on its debt are well covered by EBIT (3.3x coverage).