High Balance Sheet Health
Financial Health criteria checks 6/6
High has a total shareholder equity of €93.1M and total debt of €1,000.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €207.3M and €114.3M respectively. High's EBIT is €17.3M making its interest coverage ratio -28.9. It has cash and short-term investments of €68.7M.
Key information
0.001%
Debt to equity ratio
€1.00k
Debt
| Interest coverage ratio | -28.9x |
| Cash | €68.68m |
| Equity | €93.05m |
| Total liabilities | €114.26m |
| Total assets | €207.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HIH's short term assets (€117.7M) exceed its short term liabilities (€100.7M).
Long Term Liabilities: HIH's short term assets (€117.7M) exceed its long term liabilities (€13.6M).
Debt to Equity History and Analysis
Debt Level: HIH has more cash than its total debt.
Reducing Debt: HIH's debt to equity ratio has reduced from 9.6% to 0% over the past 5 years.
Debt Coverage: HIH's debt is well covered by operating cash flow (3191600%).
Interest Coverage: HIH earns more interest than it pays, so coverage of interest payments is not a concern.