Helen of Troy Balance Sheet Health
Financial Health criteria checks 5/6
Helen of Troy has a total shareholder equity of $1.6B and total debt of $665.7M, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are $2.8B and $1.2B respectively. Helen of Troy's EBIT is $249.8M making its interest coverage ratio 4.8. It has cash and short-term investments of $22.3M.
Key information
40.7%
Debt to equity ratio
US$665.67m
Debt
Interest coverage ratio | 4.8x |
Cash | US$22.32m |
Equity | US$1.64b |
Total liabilities | US$1.20b |
Total assets | US$2.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HT2's short term assets ($843.9M) exceed its short term liabilities ($450.8M).
Long Term Liabilities: HT2's short term assets ($843.9M) exceed its long term liabilities ($750.4M).
Debt to Equity History and Analysis
Debt Level: HT2's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: HT2's debt to equity ratio has increased from 32.3% to 40.7% over the past 5 years.
Debt Coverage: HT2's debt is well covered by operating cash flow (46%).
Interest Coverage: HT2's interest payments on its debt are well covered by EBIT (4.8x coverage).