Precinct Properties NZ & Precinct Properties Investments Balance Sheet Health
Financial Health criteria checks 1/6
Precinct Properties NZ & Precinct Properties Investments has a total shareholder equity of NZ$2.1B and total debt of NZ$1.2B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are NZ$3.5B and NZ$1.3B respectively. Precinct Properties NZ & Precinct Properties Investments's EBIT is NZ$125.6M making its interest coverage ratio 3.4. It has cash and short-term investments of NZ$20.0M.
Key information
57.1%
Debt to equity ratio
NZ$1.22b
Debt
| Interest coverage ratio | 3.4x |
| Cash | NZ$20.00m |
| Equity | NZ$2.14b |
| Total liabilities | NZ$1.33b |
| Total assets | NZ$3.48b |
Recent financial health updates
No updates
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Precinct Properties New Zealand Limited's (NZSE:PCT) CEO For Now
Oct 28
A Quick Analysis On Precinct Properties New Zealand's (NZSE:PCT) CEO Salary
Mar 02How Much Are Precinct Properties New Zealand Limited (NZSE:PCT) Insiders Taking Off The Table?
Feb 09Precinct Properties New Zealand (NZSE:PCT) Has Compensated Shareholders With A Respectable 69% Return On Their Investment
Jan 18What You Need To Know About Precinct Properties New Zealand Limited's (NZSE:PCT) Investor Composition
Dec 28
Are Precinct Properties New Zealand Limited's (NZSE:PCT) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Dec 07Financial Position Analysis
Short Term Liabilities: PCT's short term assets (NZ$65.8M) do not cover its short term liabilities (NZ$150.7M).
Long Term Liabilities: PCT's short term assets (NZ$65.8M) do not cover its long term liabilities (NZ$1.2B).
Debt to Equity History and Analysis
Debt Level: PCT's net debt to equity ratio (56.1%) is considered high.
Reducing Debt: PCT's debt to equity ratio has increased from 45.7% to 57.1% over the past 5 years.
Debt Coverage: PCT's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: PCT's interest payments on its debt are well covered by EBIT (3.4x coverage).