Haynes International Balance Sheet Health
Financial Health criteria checks 4/6
Haynes International has a total shareholder equity of $442.1M and total debt of $109.5M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are $700.7M and $258.6M respectively. Haynes International's EBIT is $59.6M making its interest coverage ratio 7.2. It has cash and short-term investments of $14.0M.
Key information
24.8%
Debt to equity ratio
US$109.46m
Debt
Interest coverage ratio | 7.2x |
Cash | US$14.02m |
Equity | US$442.06m |
Total liabilities | US$258.63m |
Total assets | US$700.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYVN's short term assets ($533.3M) exceed its short term liabilities ($70.0M).
Long Term Liabilities: HYVN's short term assets ($533.3M) exceed its long term liabilities ($188.6M).
Debt to Equity History and Analysis
Debt Level: HYVN's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: HYVN's debt to equity ratio has increased from 0% to 24.8% over the past 5 years.
Debt Coverage: HYVN's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: HYVN's interest payments on its debt are well covered by EBIT (7.2x coverage).