Herige Balance Sheet Health
Financial Health criteria checks 3/6
Herige has a total shareholder equity of €145.4M and total debt of €174.9M, which brings its debt-to-equity ratio to 120.2%. Its total assets and total liabilities are €490.2M and €344.8M respectively. Herige's EBIT is €19.3M making its interest coverage ratio 8.7. It has cash and short-term investments of €21.5M.
Key information
120.2%
Debt to equity ratio
€174.88m
Debt
| Interest coverage ratio | 8.7x |
| Cash | €21.53m |
| Equity | €145.44m |
| Total liabilities | €344.78m |
| Total assets | €490.22m |
Recent financial health updates
Herige (EPA:ALHRG) Has A Somewhat Strained Balance Sheet
Dec 06
Does Herige (EPA:ALHRG) Have A Healthy Balance Sheet?
Jun 26Herige (EPA:ALHRG) Has A Somewhat Strained Balance Sheet
May 22Recent updates
An Intrinsic Calculation For Herige (EPA:ALHRG) Suggests It's 26% Undervalued
Jul 26Herige's (EPA:ALHRG) Conservative Accounting Might Explain Soft Earnings
Apr 10Herige (EPA:ALHRG) Held Back By Insufficient Growth Even After Shares Climb 34%
Dec 18Herige (EPA:ALHRG) Has A Somewhat Strained Balance Sheet
Dec 06Returns At Herige (EPA:ALHRG) Are On The Way Up
Sep 28Herige (EPA:ALHRG) Is Looking To Continue Growing Its Returns On Capital
Mar 04Herige (EPA:ALHRG) Is Doing The Right Things To Multiply Its Share Price
Oct 13Does Herige (EPA:ALHRG) Have A Healthy Balance Sheet?
Jun 26Returns At Herige (EPA:ALHRG) Are On The Way Up
Mar 06Is There An Opportunity With Herige's (EPA:ALHRG) 30% Undervaluation?
Sep 06Herige (EPA:ALHRG) Shareholders Will Want The ROCE Trajectory To Continue
Jun 15Herige (EPA:ALHRG) Has A Somewhat Strained Balance Sheet
May 22Estimating The Intrinsic Value Of Herige (EPA:ALHRG)
Mar 27What Can The Trends At Herige (EPA:ALHRG) Tell Us About Their Returns?
Feb 28Is Herige's (EPA:ALHRG) 104% Share Price Increase Well Justified?
Feb 10A Closer Look At Herige's (EPA:ALHRG) Uninspiring ROE
Jan 26
We're Not So Sure You Should Rely on Herige's (EPA:ALHRG) Statutory Earnings
Dec 29Is Now An Opportune Moment To Examine Herige (EPA:ALHRG)?
Dec 14Is There An Opportunity With Herige's (EPA:ALHRG) 31% Undervaluation?
Nov 30Financial Position Analysis
Short Term Liabilities: ALHRG's short term assets (€274.2M) exceed its short term liabilities (€179.7M).
Long Term Liabilities: ALHRG's short term assets (€274.2M) exceed its long term liabilities (€165.1M).
Debt to Equity History and Analysis
Debt Level: ALHRG's net debt to equity ratio (105.4%) is considered high.
Reducing Debt: ALHRG's debt to equity ratio has increased from 101.4% to 120.2% over the past 5 years.
Debt Coverage: ALHRG's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: ALHRG's interest payments on its debt are well covered by EBIT (8.7x coverage).