Hera Balance Sheet Health
Financial Health criteria checks 2/6
Hera has a total shareholder equity of €3.8B and total debt of €5.2B, which brings its debt-to-equity ratio to 136.7%. Its total assets and total liabilities are €13.7B and €9.9B respectively. Hera's EBIT is €764.3M making its interest coverage ratio 587.9. It has cash and short-term investments of €858.2M.
Key information
136.7%
Debt to equity ratio
€5.18b
Debt
| Interest coverage ratio | 587.9x |
| Cash | €858.20m |
| Equity | €3.79b |
| Total liabilities | €9.93b |
| Total assets | €13.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HERS's short term assets (€5.1B) exceed its short term liabilities (€4.5B).
Long Term Liabilities: HERS's short term assets (€5.1B) do not cover its long term liabilities (€5.4B).
Debt to Equity History and Analysis
Debt Level: HERS's net debt to equity ratio (114.1%) is considered high.
Reducing Debt: HERS's debt to equity ratio has increased from 124.3% to 136.7% over the past 5 years.
Debt Coverage: HERS's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: HERS's interest payments on its debt are well covered by EBIT (587.9x coverage).