Hercules Site Services Balance Sheet Health
Financial Health criteria checks 2/6
Hercules Site Services has a total shareholder equity of £8.4M and total debt of £6.0M, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are £40.3M and £31.9M respectively. Hercules Site Services's EBIT is £2.9M making its interest coverage ratio 1.8. It has cash and short-term investments of £1.7M.
Key information
71.4%
Debt to equity ratio
UK£6.00m
Debt
| Interest coverage ratio | 1.8x |
| Cash | UK£1.70m |
| Equity | UK£8.40m |
| Total liabilities | UK£31.90m |
| Total assets | UK£40.30m |
Recent financial health updates
Recent updates
Hercules Site Services (LON:HERC) Seems To Use Debt Quite Sensibly
Aug 01
Hercules Site Services (LON:HERC) Has Affirmed Its Dividend Of £0.006
Jun 20Hercules Site Services (LON:HERC) Will Pay A Dividend Of £0.006
Jun 06Hercules Site Services (LON:HERC) Is Reinvesting At Lower Rates Of Return
May 14A Look At The Fair Value Of Hercules Site Services Plc (LON:HERC)
Mar 13Hercules Site Services Plc's (LON:HERC) 35% Price Boost Is Out Of Tune With Earnings
Feb 07Hercules Site Services (LON:HERC) Has Announced A Dividend Of £0.0112
Jan 18Financial Position Analysis
Short Term Liabilities: HERC's short term assets (£19.2M) do not cover its short term liabilities (£20.0M).
Long Term Liabilities: HERC's short term assets (£19.2M) exceed its long term liabilities (£11.9M).
Debt to Equity History and Analysis
Debt Level: HERC's net debt to equity ratio (51.2%) is considered high.
Reducing Debt: HERC's debt to equity ratio has increased from 2.8% to 71.4% over the past 5 years.
Debt Coverage: HERC's debt is well covered by operating cash flow (160.4%).
Interest Coverage: HERC's interest payments on its debt are not well covered by EBIT (1.8x coverage).