Radius Residential Care Balance Sheet Health
Financial Health criteria checks 2/6
Radius Residential Care has a total shareholder equity of NZ$74.3M and total debt of NZ$97.7M, which brings its debt-to-equity ratio to 131.5%. Its total assets and total liabilities are NZ$355.0M and NZ$280.7M respectively. Radius Residential Care's EBIT is NZ$12.6M making its interest coverage ratio 0.8. It has cash and short-term investments of NZ$908.0K.
Key information
131.5%
Debt to equity ratio
NZ$97.69m
Debt
Interest coverage ratio | 0.8x |
Cash | NZ$908.00k |
Equity | NZ$74.29m |
Total liabilities | NZ$280.73m |
Total assets | NZ$355.02m |
Recent financial health updates
Recent updates
Is Radius Residential Care (NZSE:RAD) Using Too Much Debt?
Mar 19Radius Residential Care Limited (NZSE:RAD) Might Not Be As Mispriced As It Looks After Plunging 27%
Dec 12A Look At The Intrinsic Value Of Radius Residential Care Limited (NZSE:RAD)
Mar 20Shareholders Shouldn’t Be Too Comfortable With Radius Residential Care's (NZSE:RAD) Strong Earnings
Jun 06Financial Position Analysis
Short Term Liabilities: RAD's short term assets (NZ$41.1M) exceed its short term liabilities (NZ$24.8M).
Long Term Liabilities: RAD's short term assets (NZ$41.1M) do not cover its long term liabilities (NZ$255.9M).
Debt to Equity History and Analysis
Debt Level: RAD's net debt to equity ratio (130.3%) is considered high.
Reducing Debt: RAD's debt to equity ratio has reduced from 161.6% to 131.5% over the past 5 years.
Debt Coverage: RAD's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: RAD's interest payments on its debt are not well covered by EBIT (0.8x coverage).