Ardent Health Partners Balance Sheet Health
Financial Health criteria checks 3/6
Ardent Health Partners has a total shareholder equity of $1.1B and total debt of $1.2B, which brings its debt-to-equity ratio to 106.1%. Its total assets and total liabilities are $4.6B and $3.5B respectively. Ardent Health Partners's EBIT is $244.7M making its interest coverage ratio 3.2. It has cash and short-term investments of $389.0M.
Key information
106.1%
Debt to equity ratio
US$1.18b
Debt
Interest coverage ratio | 3.2x |
Cash | US$388.97m |
Equity | US$1.12b |
Total liabilities | US$3.48b |
Total assets | US$4.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARDT's short term assets ($1.5B) exceed its short term liabilities ($834.8M).
Long Term Liabilities: ARDT's short term assets ($1.5B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: ARDT's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: ARDT's debt to equity ratio has reduced from 122.3% to 106.1% over the past 5 years.
Debt Coverage: ARDT's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: ARDT's interest payments on its debt are well covered by EBIT (3.2x coverage).