Concentra Group Holdings Parent Balance Sheet Health
Financial Health criteria checks 2/6
Concentra Group Holdings Parent has a total shareholder equity of $301.2M and total debt of $1.5B, which brings its debt-to-equity ratio to 492.1%. Its total assets and total liabilities are $2.5B and $2.2B respectively. Concentra Group Holdings Parent's EBIT is $296.6M making its interest coverage ratio 5.5. It has cash and short-term investments of $136.8M.
Key information
492.1%
Debt to equity ratio
US$1.48b
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$136.82m |
| Equity | US$301.23m |
| Total liabilities | US$2.18b |
| Total assets | US$2.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CON's short term assets ($410.0M) exceed its short term liabilities ($269.5M).
Long Term Liabilities: CON's short term assets ($410.0M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: CON's net debt to equity ratio (446.7%) is considered high.
Reducing Debt: Insufficient data to determine if CON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CON's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: CON's interest payments on its debt are well covered by EBIT (5.5x coverage).