Life Healthcare Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Life Healthcare Group Holdings has a total shareholder equity of ZAR21.3B and total debt of ZAR12.1B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are ZAR45.6B and ZAR24.3B respectively. Life Healthcare Group Holdings's EBIT is ZAR2.5B making its interest coverage ratio 4.8. It has cash and short-term investments of ZAR862.0M.
Key information
56.7%
Debt to equity ratio
R12.07b
Debt
| Interest coverage ratio | 4.8x |
| Cash | R862.00m |
| Equity | R21.29b |
| Total liabilities | R24.33b |
| Total assets | R45.62b |
Recent financial health updates
Is Life Healthcare Group Holdings (JSE:LHC) Using Too Much Debt?
Mar 18
Is Life Healthcare Group Holdings (JSE:LHC) Using Too Much Debt?
Aug 15Does Life Healthcare Group Holdings (JSE:LHC) Have A Healthy Balance Sheet?
Nov 28We Think Life Healthcare Group Holdings (JSE:LHC) Is Taking Some Risk With Its Debt
Jul 20Recent updates
Here's What's Concerning About Life Healthcare Group Holdings' (JSE:LHC) Returns On Capital
Aug 05Life Healthcare Group Holdings (JSE:LHC) Is Increasing Its Dividend To ZAR0.17
May 30Life Healthcare Group Holdings (JSE:LHC) Could Be Struggling To Allocate Capital
Apr 20Is Life Healthcare Group Holdings (JSE:LHC) Using Too Much Debt?
Mar 18Life Healthcare Group Holdings (JSE:LHC) Will Want To Turn Around Its Return Trends
Dec 24We Think That There Are More Issues For Life Healthcare Group Holdings (JSE:LHC) Than Just Sluggish Earnings
Nov 24Life Healthcare Group Holdings' (JSE:LHC) Dividend Will Be ZAR0.25
Nov 23An Intrinsic Calculation For Life Healthcare Group Holdings Limited (JSE:LHC) Suggests It's 49% Undervalued
Sep 14Is Life Healthcare Group Holdings (JSE:LHC) Using Too Much Debt?
Aug 15Returns On Capital Signal Tricky Times Ahead For Life Healthcare Group Holdings (JSE:LHC)
Jul 31Are Investors Undervaluing Life Healthcare Group Holdings Limited (JSE:LHC) By 44%?
May 19Be Wary Of Life Healthcare Group Holdings (JSE:LHC) And Its Returns On Capital
Apr 28An Intrinsic Calculation For Life Healthcare Group Holdings Limited (JSE:LHC) Suggests It's 30% Undervalued
Feb 08There Are Reasons To Feel Uneasy About Life Healthcare Group Holdings' (JSE:LHC) Returns On Capital
Jan 25With Life Healthcare Group Holdings Limited (JSE:LHC) It Looks Like You'll Get What You Pay For
Jan 08Does Life Healthcare Group Holdings (JSE:LHC) Have A Healthy Balance Sheet?
Nov 28Are Investors Undervaluing Life Healthcare Group Holdings Limited (JSE:LHC) By 24%?
Oct 19Life Healthcare Group Holdings (JSE:LHC) Is Reinvesting At Lower Rates Of Return
Aug 16We Think Life Healthcare Group Holdings (JSE:LHC) Is Taking Some Risk With Its Debt
Jul 20Capital Allocation Trends At Life Healthcare Group Holdings (JSE:LHC) Aren't Ideal
May 14How Many Life Healthcare Group Holdings Limited (JSE:LHC) Shares Did Insiders Buy, In The Last Year?
Mar 21Financial Position Analysis
Short Term Liabilities: LHC's short term assets (ZAR29.4B) exceed its short term liabilities (ZAR11.2B).
Long Term Liabilities: LHC's short term assets (ZAR29.4B) exceed its long term liabilities (ZAR13.1B).
Debt to Equity History and Analysis
Debt Level: LHC's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: LHC's debt to equity ratio has reduced from 92.2% to 56.7% over the past 5 years.
Debt Coverage: LHC's debt is well covered by operating cash flow (38.7%).
Interest Coverage: LHC's interest payments on its debt are well covered by EBIT (4.8x coverage).