Helia Group Balance Sheet Health
Financial Health criteria checks 3/6
Helia Group has a total shareholder equity of A$1.1B and total debt of A$189.5M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are A$2.9B and A$1.9B respectively. Helia Group's EBIT is A$402.5M making its interest coverage ratio 4.8. It has cash and short-term investments of A$35.0M.
Key information
17.8%
Debt to equity ratio
AU$189.46m
Debt
| Interest coverage ratio | 4.8x |
| Cash | AU$35.00m |
| Equity | AU$1.06b |
| Total liabilities | AU$1.88b |
| Total assets | AU$2.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLI's short term assets (A$129.8M) exceed its short term liabilities (A$45.1M).
Long Term Liabilities: HLI's short term assets (A$129.8M) do not cover its long term liabilities (A$1.8B).
Debt to Equity History and Analysis
Debt Level: HLI's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: HLI's debt to equity ratio has increased from 11.5% to 17.8% over the past 5 years.
Debt Coverage: HLI's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: HLI's interest payments on its debt are well covered by EBIT (4.8x coverage).