Primary Health Properties Plc

OTCPK:PHPR.F Stock Report

Market Cap: US$1.7b

Primary Health Properties Balance Sheet Health

Financial Health criteria checks 1/6

Primary Health Properties has a total shareholder equity of £1.4B and total debt of £1.3B, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are £2.8B and £1.4B respectively. Primary Health Properties's EBIT is £138.8M making its interest coverage ratio 2.7. It has cash and short-term investments of £4.1M.

Key information

96.8%

Debt to equity ratio

UK£1.34b

Debt

Interest coverage ratio2.7x
CashUK£4.10m
EquityUK£1.38b
Total liabilitiesUK£1.41b
Total assetsUK£2.79b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PHPR.F's short term assets (£32.3M) do not cover its short term liabilities (£67.5M).

Long Term Liabilities: PHPR.F's short term assets (£32.3M) do not cover its long term liabilities (£1.3B).


Debt to Equity History and Analysis

Debt Level: PHPR.F's net debt to equity ratio (96.5%) is considered high.

Reducing Debt: PHPR.F's debt to equity ratio has reduced from 105.8% to 96.8% over the past 5 years.

Debt Coverage: PHPR.F's debt is not well covered by operating cash flow (10.1%).

Interest Coverage: PHPR.F's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


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