Highlight Communications Balance Sheet Health
Financial Health criteria checks 2/6
Highlight Communications has a total shareholder equity of CHF154.2M and total debt of CHF215.4M, which brings its debt-to-equity ratio to 139.7%. Its total assets and total liabilities are CHF641.4M and CHF487.1M respectively. Highlight Communications's EBIT is CHF7.2M making its interest coverage ratio 0.5. It has cash and short-term investments of CHF13.6M.
Key information
139.7%
Debt to equity ratio
CHF 215.41m
Debt
| Interest coverage ratio | 0.5x |
| Cash | CHF 13.57m |
| Equity | CHF 154.24m |
| Total liabilities | CHF 487.14m |
| Total assets | CHF 641.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLG's short term assets (CHF144.4M) do not cover its short term liabilities (CHF435.9M).
Long Term Liabilities: HLG's short term assets (CHF144.4M) exceed its long term liabilities (CHF51.2M).
Debt to Equity History and Analysis
Debt Level: HLG's net debt to equity ratio (130.9%) is considered high.
Reducing Debt: HLG's debt to equity ratio has increased from 81.7% to 139.7% over the past 5 years.
Debt Coverage: HLG's debt is well covered by operating cash flow (57%).
Interest Coverage: HLG's interest payments on its debt are not well covered by EBIT (0.5x coverage).