Helia Group Balance Sheet Health
Financial Health criteria checks 3/6
Helia Group has a total shareholder equity of A$1.1B and total debt of A$189.2M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are A$3.2B and A$2.1B respectively. Helia Group's EBIT is A$478.6M making its interest coverage ratio 6.1. It has cash and short-term investments of A$137.2M.
Key information
16.6%
Debt to equity ratio
AU$189.20m
Debt
Interest coverage ratio | 6.1x |
Cash | AU$137.23m |
Equity | AU$1.14b |
Total liabilities | AU$2.06b |
Total assets | AU$3.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GI0's short term assets (A$197.4M) exceed its short term liabilities (A$133.1M).
Long Term Liabilities: 0GI0's short term assets (A$197.4M) do not cover its long term liabilities (A$1.9B).
Debt to Equity History and Analysis
Debt Level: 0GI0's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 0GI0's debt to equity ratio has increased from 11.4% to 16.6% over the past 5 years.
Debt Coverage: 0GI0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0GI0's interest payments on its debt are well covered by EBIT (6.1x coverage).