summary financial statements Key financial ratios for housing FY FY providers 2012 2013 Operating EBITDA ($ millions) 6.7 10.6 Current ratio (times) 2.1 2.5 Interest cover (times) based on 3.8 5.8 operating EBITDA Average loan to valuation ratio (based 17.3% 17.7% on cost of housing assets) *In calculating current ratio capital grants received in advance was deducted from current liabilities.
summary financial statements Key financial ratios for housing providers FY 2012 FY 2013 Operating EBITDA ($ millions) 6.7 10.6 Current ratio (times) 2.1 2.5 Interest cover (times) based on operating EBITDA 3.8 5.8 Average loan to valuation ratio (based on cost of housing assets) 17.3% 17.7% *In calculating current ratio capital grants received in advance was deducted from current liabilities.