Hillenbrand Balance Sheet Health
Financial Health criteria checks 1/6
Hillenbrand has a total shareholder equity of $1.5B and total debt of $1.9B, which brings its debt-to-equity ratio to 129.9%. Its total assets and total liabilities are $5.2B and $3.8B respectively. Hillenbrand's EBIT is $246.3M making its interest coverage ratio 2. It has cash and short-term investments of $199.3M.
Key information
129.9%
Debt to equity ratio
US$1.89b
Debt
| Interest coverage ratio | 2x |
| Cash | US$199.30m |
| Equity | US$1.46b |
| Total liabilities | US$3.78b |
| Total assets | US$5.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9HI's short term assets ($1.5B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: 9HI's short term assets ($1.5B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: 9HI's net debt to equity ratio (116.2%) is considered high.
Reducing Debt: 9HI's debt to equity ratio has increased from 80.5% to 129.9% over the past 5 years.
Debt Coverage: 9HI's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 9HI's interest payments on its debt are not well covered by EBIT (2x coverage).