Hillenbrand Balance Sheet Health
Financial Health criteria checks 2/6
Hillenbrand has a total shareholder equity of $1.7B and total debt of $2.1B, which brings its debt-to-equity ratio to 125.3%. Its total assets and total liabilities are $5.6B and $3.9B respectively. Hillenbrand's EBIT is $323.0M making its interest coverage ratio 3.3. It has cash and short-term investments of $224.4M.
Key information
125.3%
Debt to equity ratio
US$2.11b
Debt
Interest coverage ratio | 3.3x |
Cash | US$224.40m |
Equity | US$1.68b |
Total liabilities | US$3.89b |
Total assets | US$5.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9HI's short term assets ($1.6B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: 9HI's short term assets ($1.6B) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: 9HI's net debt to equity ratio (111.9%) is considered high.
Reducing Debt: 9HI's debt to equity ratio has increased from 47.2% to 125.3% over the past 5 years.
Debt Coverage: 9HI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9HI's interest payments on its debt are well covered by EBIT (3.3x coverage).