Radius Residential Care Balance Sheet Health
Financial Health criteria checks 3/6
Radius Residential Care has a total shareholder equity of NZ$64.3M and total debt of NZ$73.3M, which brings its debt-to-equity ratio to 114%. Its total assets and total liabilities are NZ$330.5M and NZ$266.2M respectively. Radius Residential Care's EBIT is NZ$16.8M making its interest coverage ratio 1.2. It has cash and short-term investments of NZ$66.0K.
Key information
114.0%
Debt to equity ratio
NZ$73.27m
Debt
| Interest coverage ratio | 1.2x |
| Cash | NZ$66.00k |
| Equity | NZ$64.28m |
| Total liabilities | NZ$266.17m |
| Total assets | NZ$330.45m |
Recent financial health updates
These 4 Measures Indicate That Radius Residential Care (NZSE:RAD) Is Using Debt Extensively
Aug 23
Is Radius Residential Care (NZSE:RAD) Using Too Much Debt?
Mar 19Recent updates
Radius Residential Care Limited (NZSE:RAD) Held Back By Insufficient Growth Even After Shares Climb 29%
Nov 20Are Investors Undervaluing Radius Residential Care Limited (NZSE:RAD) By 32%?
Oct 15These 4 Measures Indicate That Radius Residential Care (NZSE:RAD) Is Using Debt Extensively
Aug 23Radius Residential Care Limited's (NZSE:RAD) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Jun 20Is 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$13.0M) do not cover its short term liabilities (NZ$73.3M).
Long Term Liabilities: RAD's short term assets (NZ$13.0M) do not cover its long term liabilities (NZ$192.9M).
Debt to Equity History and Analysis
Debt Level: RAD's net debt to equity ratio (113.9%) is considered high.
Reducing Debt: RAD's debt to equity ratio has reduced from 146.9% to 114% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RAD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RAD is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Radius Residential Care Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lindsay James | Forsyth Barr Group Ltd. |
| James Lindsay | MST Financial Services Pty Limited |