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 ratio | 2.7x |
| Cash | UK£4.10m |
| Equity | UK£1.38b |
| Total liabilities | UK£1.41b |
| Total assets | UK£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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 18:08 |
| End of Day Share Price | 2024/12/10 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Primary Health Properties Plc is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kanad Mitra | Barclays |
| Tom Horne | Berenberg |
| Miranda Cockburn | Berenberg |