James Halstead Balance Sheet Health
Financial Health criteria checks 6/6
James Halstead has a total shareholder equity of £168.7M and total debt of £200.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are £228.5M and £59.8M respectively. James Halstead's EBIT is £55.0M making its interest coverage ratio -43.8. It has cash and short-term investments of £62.4M.
Key information
0.1%
Debt to equity ratio
UK£200.00k
Debt
| Interest coverage ratio | -43.8x |
| Cash | UK£62.42m |
| Equity | UK£168.74m |
| Total liabilities | UK£59.76m |
| Total assets | UK£228.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HSJA's short term assets (£182.2M) exceed its short term liabilities (£52.5M).
Long Term Liabilities: HSJA's short term assets (£182.2M) exceed its long term liabilities (£7.3M).
Debt to Equity History and Analysis
Debt Level: HSJA has more cash than its total debt.
Reducing Debt: HSJA's debt to equity ratio has reduced from 0.2% to 0.1% over the past 5 years.
Debt Coverage: HSJA's debt is well covered by operating cash flow (28414%).
Interest Coverage: HSJA earns more interest than it pays, so coverage of interest payments is not a concern.