Hyster-Yale Balance Sheet Health
Financial Health criteria checks 4/6
Hyster-Yale has a total shareholder equity of $549.0M and total debt of $443.2M, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are $2.2B and $1.6B respectively. Hyster-Yale's EBIT is $257.8M making its interest coverage ratio 7.3. It has cash and short-term investments of $79.5M.
Key information
80.7%
Debt to equity ratio
US$443.20m
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$79.50m |
| Equity | US$549.00m |
| Total liabilities | US$1.62b |
| Total assets | US$2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYEA's short term assets ($1.6B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: HYEA's short term assets ($1.6B) exceed its long term liabilities ($474.7M).
Debt to Equity History and Analysis
Debt Level: HYEA's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: HYEA's debt to equity ratio has increased from 61.2% to 80.7% over the past 5 years.
Debt Coverage: HYEA's debt is well covered by operating cash flow (30.6%).
Interest Coverage: HYEA's interest payments on its debt are well covered by EBIT (7.3x coverage).