Precinct Properties New Zealand Financial Health
How is Precinct Properties New Zealand's financial position?
Financial Health Score
2/6Financial 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.