Hyster-Yale Balance Sheet Health
Financial Health criteria checks 4/6
Hyster-Yale has a total shareholder equity of $429.3M and total debt of $448.1M, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are $2.1B and $1.7B respectively. Hyster-Yale's EBIT is $247.0M making its interest coverage ratio 6.9. It has cash and short-term investments of $68.2M.
Key information
104.4%
Debt to equity ratio
US$448.10m
Debt
Interest coverage ratio | 6.9x |
Cash | US$68.20m |
Equity | US$429.30m |
Total liabilities | US$1.69b |
Total assets | US$2.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYEA's short term assets ($1.5B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: HYEA's short term assets ($1.5B) exceed its long term liabilities ($468.4M).
Debt to Equity History and Analysis
Debt Level: HYEA's net debt to equity ratio (88.5%) is considered high.
Reducing Debt: HYEA's debt to equity ratio has increased from 53.1% to 104.4% over the past 5 years.
Debt Coverage: HYEA's debt is well covered by operating cash flow (36.6%).
Interest Coverage: HYEA's interest payments on its debt are well covered by EBIT (6.9x coverage).