hGears Balance Sheet Health
Financial Health criteria checks 5/6
hGears has a total shareholder equity of €81.9M and total debt of €20.0M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are €148.4M and €66.5M respectively.
Key information
24.5%
Debt to equity ratio
€20.03m
Debt
Interest coverage ratio | n/a |
Cash | €23.38m |
Equity | €81.87m |
Total liabilities | €66.50m |
Total assets | €148.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HGEAD's short term assets (€67.8M) exceed its short term liabilities (€36.3M).
Long Term Liabilities: HGEAD's short term assets (€67.8M) exceed its long term liabilities (€30.2M).
Debt to Equity History and Analysis
Debt Level: HGEAD has more cash than its total debt.
Reducing Debt: HGEAD's debt to equity ratio has reduced from 155.8% to 24.5% over the past 5 years.
Debt Coverage: HGEAD's debt is well covered by operating cash flow (28%).
Interest Coverage: Insufficient data to determine if HGEAD's interest payments on its debt are well covered by EBIT.