High Balance Sheet Health
Financial Health criteria checks 6/6
High has a total shareholder equity of €91.9M and total debt of €1,000.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €203.8M and €111.9M respectively. High's EBIT is €16.4M making its interest coverage ratio 64.9. It has cash and short-term investments of €66.1M.
Key information
0.001%
Debt to equity ratio
€1.00k
Debt
Interest coverage ratio | 64.9x |
Cash | €66.13m |
Equity | €91.85m |
Total liabilities | €111.95m |
Total assets | €203.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HIH's short term assets (€113.8M) exceed its short term liabilities (€97.9M).
Long Term Liabilities: HIH's short term assets (€113.8M) exceed its long term liabilities (€14.1M).
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 11.8% to 0% over the past 5 years.
Debt Coverage: HIH's debt is well covered by operating cash flow (1278100%).
Interest Coverage: HIH's interest payments on its debt are well covered by EBIT (64.9x coverage).