Third Age Health Services Balance Sheet Health
Financial Health criteria checks 5/6
Third Age Health Services has a total shareholder equity of NZ$3.6M and total debt of NZ$1.2M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are NZ$10.8M and NZ$7.1M respectively. Third Age Health Services's EBIT is NZ$3.1M making its interest coverage ratio 8.7. It has cash and short-term investments of NZ$1.7M.
Key information
33.2%
Debt to equity ratio
NZ$1.21m
Debt
| Interest coverage ratio | 8.7x |
| Cash | NZ$1.66m |
| Equity | NZ$3.64m |
| Total liabilities | NZ$7.14m |
| Total assets | NZ$10.78m |
Recent financial health updates
No updates
Recent updates
Third Age Health Services Limited (NZSE:TAH) Soars 27% But It's A Story Of Risk Vs Reward
Nov 12
Third Age Health Services' (NZSE:TAH) Solid Earnings Are Supported By Other Strong Factors
Nov 01Third Age Health Services (NZSE:TAH) Is Paying Out A Larger Dividend Than Last Year
Oct 29Third Age Health Services Limited's (NZSE:TAH) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Aug 14Third Age Health Services (NZSE:TAH) Has Affirmed Its Dividend Of NZ$0.028
May 29Third Age Health Services (NZSE:TAH) Is Increasing Its Dividend To NZ$0.04
Jun 02Subdued Growth No Barrier To Third Age Health Services Limited's (NZSE:TAH) Price
Oct 18Financial Position Analysis
Short Term Liabilities: TAH's short term assets (NZ$3.1M) exceed its short term liabilities (NZ$3.0M).
Long Term Liabilities: TAH's short term assets (NZ$3.1M) do not cover its long term liabilities (NZ$4.2M).
Debt to Equity History and Analysis
Debt Level: TAH has more cash than its total debt.
Reducing Debt: TAH's debt to equity ratio has reduced from 197.8% to 33.2% over the past 5 years.
Debt Coverage: TAH's debt is well covered by operating cash flow (282.1%).
Interest Coverage: TAH's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 16:27 |
| End of Day Share Price | 2024/12/24 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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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
Third Age Health Services Limited is covered by 0 analysts. 0 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 |
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