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$2.0B and total debt of NZ$1.4B, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are NZ$3.5B and NZ$1.5B respectively. Precinct Properties NZ & Precinct Properties Investments's EBIT is NZ$139.0M making its interest coverage ratio 3.1. It has cash and short-term investments of NZ$22.1M.
Key information
66.4%
Debt to equity ratio
NZ$1.36b
Debt
Interest coverage ratio
3.1x
Cash
NZ$22.10m
Equity
NZ$2.05b
Total liabilities
NZ$1.47b
Total assets
NZ$3.52b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOTU.F's short term assets (NZ$70.6M) do not cover its short term liabilities (NZ$228.2M).
Long Term Liabilities: AOTU.F's short term assets (NZ$70.6M) do not cover its long term liabilities (NZ$1.2B).
Debt to Equity History and Analysis
Debt Level: AOTU.F's net debt to equity ratio (65.3%) is considered high.
Reducing Debt: AOTU.F's debt to equity ratio has increased from 42.1% to 66.4% over the past 5 years.
Debt Coverage: AOTU.F's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: AOTU.F's interest payments on its debt are well covered by EBIT (3.1x coverage).