Helios Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Helios Technologies has a total shareholder equity of $885.5M and total debt of $480.0M, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are $1.6B and $686.2M respectively. Helios Technologies's EBIT is $92.5M making its interest coverage ratio 2.7. It has cash and short-term investments of $46.7M.
Key information
54.2%
Debt to equity ratio
US$480.00m
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$46.70m |
| Equity | US$885.50m |
| Total liabilities | US$686.20m |
| Total assets | US$1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SH7's short term assets ($405.9M) exceed its short term liabilities ($134.0M).
Long Term Liabilities: SH7's short term assets ($405.9M) do not cover its long term liabilities ($552.2M).
Debt to Equity History and Analysis
Debt Level: SH7's net debt to equity ratio (48.9%) is considered high.
Reducing Debt: SH7's debt to equity ratio has reduced from 58.2% to 54.2% over the past 5 years.
Debt Coverage: SH7's debt is well covered by operating cash flow (25%).
Interest Coverage: SH7's interest payments on its debt are not well covered by EBIT (2.7x coverage).