Helios Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Helios Technologies has a total shareholder equity of $854.6M and total debt of $521.3M, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are $1.6B and $735.8M respectively. Helios Technologies's EBIT is $92.0M making its interest coverage ratio 3. It has cash and short-term investments of $32.4M.
Key information
61.0%
Debt to equity ratio
US$521.30m
Debt
Interest coverage ratio | 3x |
Cash | US$32.40m |
Equity | US$854.60m |
Total liabilities | US$735.80m |
Total assets | US$1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SH7's short term assets ($396.7M) exceed its short term liabilities ($144.9M).
Long Term Liabilities: SH7's short term assets ($396.7M) do not cover its long term liabilities ($590.9M).
Debt to Equity History and Analysis
Debt Level: SH7's net debt to equity ratio (57.2%) is considered high.
Reducing Debt: SH7's debt to equity ratio has reduced from 66.9% to 61% over the past 5 years.
Debt Coverage: SH7's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: SH7's interest payments on its debt are well covered by EBIT (3x coverage).