Hove Balance Sheet Health
Financial Health criteria checks 5/6
Hove has a total shareholder equity of DKK71.4M and total debt of DKK8.2M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are DKK96.4M and DKK25.0M respectively. Hove's EBIT is DKK19.1M making its interest coverage ratio 14.3. It has cash and short-term investments of DKK13.6M.
Key information
11.5%
Debt to equity ratio
kr.8.22m
Debt
| Interest coverage ratio | 14.3x |
| Cash | kr.13.63m |
| Equity | kr.71.42m |
| Total liabilities | kr.24.99m |
| Total assets | kr.96.42m |
Recent financial health updates
No updates
Recent updates
Hove (CPH:HOVE) Is Investing Its Capital With Increasing Efficiency
Feb 29
Hove (CPH:HOVE) Knows How To Allocate Capital Effectively
Nov 10Hove's (CPH:HOVE) Earnings Are Of Questionable Quality
Sep 07Hove (CPH:HOVE) Hasn't Managed To Accelerate Its Returns
May 26Hove (CPH:HOVE) Is Reinvesting At Lower Rates Of Return
Dec 15Financial Position Analysis
Short Term Liabilities: HOVE's short term assets (DKK69.7M) exceed its short term liabilities (DKK14.0M).
Long Term Liabilities: HOVE's short term assets (DKK69.7M) exceed its long term liabilities (DKK11.0M).
Debt to Equity History and Analysis
Debt Level: HOVE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HOVE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HOVE's debt is well covered by operating cash flow (41.7%).
Interest Coverage: HOVE's interest payments on its debt are well covered by EBIT (14.3x coverage).