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Investment
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Ryman’s rising debt startles analysts

Ryman’s shares down more than 3.5% after net debt increases by more than $500m.

Ryman villages in development

Ryman Healthcare’s top brass faced tough questioning from analysts after its half-year results revealed net debt had eclipsed $3 billion.

It pushed debt-to-debt-plus equity, which is a way of calculating the leverage of a company, to 45.2%. A high leverage ratio typically indicates a high-risk,

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Nicholas Pointon Fri, 18 Nov 2022
Contact the Writer: nicholas@nbr.co.nz
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Ryman’s rising debt startles analysts
Investment,
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