Radius Residential Care Balance Sheet Health
Financial Health criteria checks 1/6
Radius Residential Care has a total shareholder equity of NZ$64.4M and total debt of NZ$75.9M, which brings its debt-to-equity ratio to 117.8%. Its total assets and total liabilities are NZ$334.7M and NZ$270.3M respectively. Radius Residential Care's EBIT is NZ$16.6M making its interest coverage ratio 1.1. It has cash and short-term investments of NZ$2.4M.
Key information
117.8%
Debt to equity ratio
NZ$75.87m
Debt
| Interest coverage ratio | 1.1x |
| Cash | NZ$2.43m |
| Equity | NZ$64.43m |
| Total liabilities | NZ$270.28m |
| Total assets | NZ$334.71m |
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$17.9M) do not cover its short term liabilities (NZ$69.3M).
Long Term Liabilities: RAD's short term assets (NZ$17.9M) do not cover its long term liabilities (NZ$201.0M).
Debt to Equity History and Analysis
Debt Level: RAD's net debt to equity ratio (114%) is considered high.
Reducing Debt: RAD's debt to equity ratio has reduced from 142.2% to 117.8% over the past 5 years.
Debt Coverage: RAD's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: RAD's interest payments on its debt are not well covered by EBIT (1.1x coverage).