Healthcare Trust Balance Sheet Health
Financial Health criteria checks 3/6
Healthcare Trust has a total shareholder equity of $900.6M and total debt of $1.2B, which brings its debt-to-equity ratio to 129.9%. Its total assets and total liabilities are $2.1B and $1.2B respectively. Healthcare Trust's EBIT is $1.1M making its interest coverage ratio 0. It has cash and short-term investments of $74.8M.
Key information
129.9%
Debt to equity ratio
US$1.17b
Debt
Interest coverage ratio | 0.02x |
Cash | US$74.78m |
Equity | US$900.58m |
Total liabilities | US$1.24b |
Total assets | US$2.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLTC's short term assets ($181.8M) exceed its short term liabilities ($47.7M).
Long Term Liabilities: HLTC's short term assets ($181.8M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: HLTC's net debt to equity ratio (121.6%) is considered high.
Reducing Debt: HLTC's debt to equity ratio has increased from 85.9% to 129.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HLTC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HLTC has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 41% each year