Precinct Properties New Zealand Limited

NZSE:PCT Stock Report

Mkt Cap: NZ$2.0b

Precinct Properties New Zealand Financial Health

How is Precinct Properties New Zealand's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PCT's short term assets (NZ$615.3M) exceed its short term liabilities (NZ$46.9M).

Long Term Liabilities: PCT's short term assets (NZ$615.3M) do not cover its long term liabilities (NZ$1.4B).


Debt to Equity History and Analysis

Debt Level: PCT's net debt to equity ratio (52.8%) is considered high.

Reducing Debt: PCT's debt to equity ratio has increased from 31.9% to 53.2% over the past 5 years.

Debt Coverage: PCT's debt is not well covered by operating cash flow (6.8%).

Interest Coverage: PCT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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