Ryman Healthcare Balance Sheet Health
Financial Health criteria checks 3/6
Ryman Healthcare has a total shareholder equity of NZ$4.9B and total debt of NZ$2.5B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are NZ$13.1B and NZ$8.2B respectively. Ryman Healthcare's EBIT is NZ$5.9M making its interest coverage ratio 0.1. It has cash and short-term investments of NZ$33.3M.
Key information
51.5%
Debt to equity ratio
NZ$2.51b
Debt
| Interest coverage ratio | 0.1x |
| Cash | NZ$33.30m |
| Equity | NZ$4.86b |
| Total liabilities | NZ$8.22b |
| Total assets | NZ$13.09b |
Recent financial health updates
Here's Why Ryman Healthcare (NZSE:RYM) Has A Meaningful Debt Burden
Jan 07
Ryman Healthcare (NZSE:RYM) Has Debt But No Earnings; Should You Worry?
Jul 04Is Ryman Healthcare (NZSE:RYM) Using Too Much Debt?
Aug 04Recent updates
Returns On Capital At Ryman Healthcare (NZSE:RYM) Paint A Concerning Picture
Apr 24Ryman Healthcare Limited's (NZSE:RYM) P/E Is On The Mark
Feb 08Here's Why Ryman Healthcare (NZSE:RYM) Has A Meaningful Debt Burden
Jan 07Capital Allocation Trends At Ryman Healthcare (NZSE:RYM) Aren't Ideal
Dec 20What Is Ryman Healthcare Limited's (NZSE:RYM) Share Price Doing?
Sep 11Ryman Healthcare (NZSE:RYM) Has Debt But No Earnings; Should You Worry?
Jul 04Ryman Healthcare Limited (NZSE:RYM) Shares Could Be 24% Below Their Intrinsic Value Estimate
May 30Should You Think About Buying Ryman Healthcare Limited (NZSE:RYM) Now?
Aug 26When Should You Buy Ryman Healthcare Limited (NZSE:RYM)?
May 04What Is Ryman Healthcare Limited's (NZSE:RYM) Share Price Doing?
Jan 08Investors Could Be Concerned With Ryman Healthcare's (NZSE:RYM) Returns On Capital
Oct 14Is It Too Late To Consider Buying Ryman Healthcare Limited (NZSE:RYM)?
Sep 14Is Ryman Healthcare (NZSE:RYM) Using Too Much Debt?
Aug 04Should You Think About Buying Ryman Healthcare Limited (NZSE:RYM) Now?
May 22Is Ryman Healthcare Limited (NZSE:RYM) A Good Fit For Your Dividend Portfolio?
Apr 17Should You Review Recent Insider Transactions At Ryman Healthcare Limited (NZSE:RYM)?
Mar 20Our Take On The Returns On Capital At Ryman Healthcare (NZSE:RYM)
Mar 07Do Institutions Own Ryman Healthcare Limited (NZSE:RYM) Shares?
Feb 23Returns On Capital At Ryman Healthcare (NZSE:RYM) Paint An Interesting Picture
Nov 23Financial Position Analysis
Short Term Liabilities: RYM's short term assets (NZ$851.2M) exceed its short term liabilities (NZ$544.2M).
Long Term Liabilities: RYM's short term assets (NZ$851.2M) do not cover its long term liabilities (NZ$7.7B).
Debt to Equity History and Analysis
Debt Level: RYM's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: RYM's debt to equity ratio has reduced from 59.6% to 51.5% over the past 5 years.
Debt Coverage: RYM's debt is well covered by operating cash flow (29.7%).
Interest Coverage: RYM's interest payments on its debt are not well covered by EBIT (0.1x coverage).