Concentra Group Holdings Parent Balance Sheet Health
Financial Health criteria checks 4/6
Concentra Group Holdings Parent has a total shareholder equity of $1.3B and total debt of $427.7M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are $2.4B and $1.1B respectively. Concentra Group Holdings Parent's EBIT is $291.3M making its interest coverage ratio 7.1. It has cash and short-term investments of $50.7M.
Key information
33.7%
Debt to equity ratio
US$427.73m
Debt
Interest coverage ratio | 7.1x |
Cash | US$50.67m |
Equity | US$1.27b |
Total liabilities | US$1.09b |
Total assets | US$2.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CON's short term assets ($320.3M) exceed its short term liabilities ($265.2M).
Long Term Liabilities: CON's short term assets ($320.3M) do not cover its long term liabilities ($827.8M).
Debt to Equity History and Analysis
Debt Level: CON's net debt to equity ratio (29.7%) is considered satisfactory.
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 well covered by operating cash flow (58.4%).
Interest Coverage: CON's interest payments on its debt are well covered by EBIT (7.1x coverage).