Halcyon Agri Balance Sheet Health
Financial Health criteria checks 2/6
Halcyon Agri has a total shareholder equity of $684.5M and total debt of $1.1B, which brings its debt-to-equity ratio to 165%. Its total assets and total liabilities are $2.1B and $1.4B respectively. Halcyon Agri's EBIT is $30.0M making its interest coverage ratio 1.2. It has cash and short-term investments of $49.9M.
Key information
165.0%
Debt to equity ratio
US$1.13b
Debt
Interest coverage ratio | 1.2x |
Cash | US$49.92m |
Equity | US$684.51m |
Total liabilities | US$1.39b |
Total assets | US$2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAT's short term assets ($895.2M) exceed its short term liabilities ($893.9M).
Long Term Liabilities: HAT's short term assets ($895.2M) exceed its long term liabilities ($495.6M).
Debt to Equity History and Analysis
Debt Level: HAT's net debt to equity ratio (157.7%) is considered high.
Reducing Debt: HAT's debt to equity ratio has increased from 103.7% to 165% over the past 5 years.
Debt Coverage: HAT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HAT's interest payments on its debt are not well covered by EBIT (1.2x coverage).