Horizon Therapeutics Balance Sheet Health
Financial Health criteria checks 6/6
Horizon Therapeutics has a total shareholder equity of $5.3B and total debt of $2.6B, which brings its debt-to-equity ratio to 48.2%. Its total assets and total liabilities are $9.3B and $4.0B respectively. Horizon Therapeutics's EBIT is $644.3M making its interest coverage ratio 9.4. It has cash and short-term investments of $2.5B.
Key information
48.2%
Debt to equity ratio
US$2.56b
Debt
| Interest coverage ratio | 9.4x |
| Cash | US$2.48b |
| Equity | US$5.31b |
| Total liabilities | US$3.99b |
| Total assets | US$9.30b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPR's short term assets ($3.9B) exceed its short term liabilities ($917.7M).
Long Term Liabilities: HPR's short term assets ($3.9B) exceed its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: HPR's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: HPR's debt to equity ratio has reduced from 219.2% to 48.2% over the past 5 years.
Debt Coverage: HPR's debt is well covered by operating cash flow (40.7%).
Interest Coverage: HPR's interest payments on its debt are well covered by EBIT (9.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/09 12:47 |
| End of Day Share Price | 2023/10/05 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Horizon Therapeutics Public Limited Company is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Donald Ellis | Avondale Partners |
| Gary Nachman | BMO Capital Markets Equity Research |
| Jason Matthew Gerberry | BofA Global Research |