Hove Balance Sheet Health
Financial Health criteria checks 5/6
Hove has a total shareholder equity of DKK76.4M and total debt of DKK4.1M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are DKK104.5M and DKK28.1M respectively. Hove's EBIT is DKK13.1M making its interest coverage ratio -5.8. It has cash and short-term investments of DKK4.0M.
Key information
5.4%
Debt to equity ratio
DKK 4.10m
Debt
| Interest coverage ratio | -5.8x |
| Cash | DKK 3.95m |
| Equity | DKK 76.41m |
| Total liabilities | DKK 28.13m |
| Total assets | DKK 104.54m |
Recent financial health updates
No updates
Recent updates
Returns On Capital Are A Standout For Hove (CPH:HOVE)
Aug 23
Hove (CPH:HOVE) Is Investing Its Capital With Increasing Efficiency
Feb 29Hove (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 (DKK78.3M) exceed its short term liabilities (DKK20.4M).
Long Term Liabilities: HOVE's short term assets (DKK78.3M) exceed its long term liabilities (DKK7.7M).
Debt to Equity History and Analysis
Debt Level: HOVE's net debt to equity ratio (0.2%) is considered satisfactory.
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 (121.3%).
Interest Coverage: HOVE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hove A/S is covered by 0 analysts. 0 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 |
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