Vital Healthcare Property Trust Balance Sheet Health
Financial Health criteria checks 1/6
Vital Healthcare Property Trust has a total shareholder equity of NZ$1.8B and total debt of NZ$1.3B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are NZ$3.3B and NZ$1.5B respectively. Vital Healthcare Property Trust's EBIT is NZ$111.5M making its interest coverage ratio 2.1. It has cash and short-term investments of NZ$13.4M.
Key information
69.0%
Debt to equity ratio
NZ$1.25b
Debt
| Interest coverage ratio | 2.1x |
| Cash | NZ$13.45m |
| Equity | NZ$1.81b |
| Total liabilities | NZ$1.46b |
| Total assets | NZ$3.27b |
Recent financial health updates
No updates
Recent updates
Independent Chairman of Vital Healthcare Management Limited Graham Stuart Just Bought A Handful Of Shares In Vital Healthcare Property Trust (NZSE:VHP)
Mar 08
How Many Vital Healthcare Property Trust (NZSE:VHP) Shares Do Institutions Own?
Mar 03Did Vital Healthcare Property Trust (NZSE:VHP) Insiders Buy Up More Shares?
Feb 05Can Vital Healthcare Property Trust's (NZSE:VHP) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Jan 10
Did You Participate In Any Of Vital Healthcare Property Trust's (NZSE:VHP) Respectable 97% Return?
Dec 14Here's What Vital Healthcare Property Trust's (NZSE:VHP) Shareholder Ownership Structure Looks Like
Nov 18Financial Position Analysis
Short Term Liabilities: VHP's short term assets (NZ$26.3M) do not cover its short term liabilities (NZ$52.5M).
Long Term Liabilities: VHP's short term assets (NZ$26.3M) do not cover its long term liabilities (NZ$1.4B).
Debt to Equity History and Analysis
Debt Level: VHP's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: VHP's debt to equity ratio has reduced from 76.5% to 69% over the past 5 years.
Debt Coverage: VHP's debt is not well covered by operating cash flow (5%).
Interest Coverage: VHP's interest payments on its debt are not well covered by EBIT (2.1x coverage).