Netcare Financial Health
How is Netcare's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NTC's short term assets (ZAR5.4B) exceed its short term liabilities (ZAR5.3B).
Long Term Liabilities: NTC's short term assets (ZAR5.4B) do not cover its long term liabilities (ZAR10.0B).
Debt to Equity History and Analysis
Debt Level: NTC's net debt to equity ratio (44.5%) is considered high.
Reducing Debt: NTC's debt to equity ratio has reduced from 96.6% to 58.2% over the past 5 years.
Debt Coverage: NTC's debt is well covered by operating cash flow (41%).
Interest Coverage: NTC's interest payments on its debt are well covered by EBIT (3.1x coverage).