HSS Hire Group Balance Sheet Health
Financial Health criteria checks 6/6
HSS Hire Group has a total shareholder equity of £178.0M and total debt of £56.8M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are £401.9M and £223.8M respectively. HSS Hire Group's EBIT is £18.6M making its interest coverage ratio 1.9. It has cash and short-term investments of £38.2M.
Key information
31.9%
Debt to equity ratio
UK£56.84m
Debt
| Interest coverage ratio | 1.9x |
| Cash | UK£38.20m |
| Equity | UK£178.05m |
| Total liabilities | UK£223.81m |
| Total assets | UK£401.86m |
Recent financial health updates
We Think HSS Hire Group (LON:HSS) Is Taking Some Risk With Its Debt
Oct 01
HSS Hire Group (LON:HSS) Use Of Debt Could Be Considered Risky
Jun 11Recent updates
HSS Hire Group (LON:HSS) Hasn't Managed To Accelerate Its Returns
Dec 04HSS Hire Group's (LON:HSS) Returns On Capital Are Heading Higher
Jun 19Improved Revenues Required Before HSS Hire Group plc (LON:HSS) Stock's 31% Jump Looks Justified
May 24HSS Hire Group plc's (LON:HSS) Prospects Need A Boost To Lift Shares
Dec 20We Think HSS Hire Group (LON:HSS) Is Taking Some Risk With Its Debt
Oct 01A Look At The Intrinsic Value Of HSS Hire Group plc (LON:HSS)
Mar 03We Think HSS Hire Group's (LON:HSS) Robust Earnings Are Conservative
May 06An Intrinsic Calculation For HSS Hire Group plc (LON:HSS) Suggests It's 41% Undervalued
Oct 02HSS Hire Group (LON:HSS) Use Of Debt Could Be Considered Risky
Jun 11Are Investors Undervaluing HSS Hire Group plc (LON:HSS) By 26%?
May 24Are Institutions Heavily Invested In HSS Hire Group plc's (LON:HSS) Shares?
Feb 22If You Had Bought HSS Hire Group's (LON:HSS) Shares Five Years Ago You Would Be Down 83%
Jan 17Non-Executive Chairman Alan Peterson Just Bought 197% More Shares In HSS Hire Group plc (LON:HSS)
Dec 13Financial Position Analysis
Short Term Liabilities: HSS's short term assets (£121.2M) exceed its short term liabilities (£105.8M).
Long Term Liabilities: HSS's short term assets (£121.2M) exceed its long term liabilities (£118.0M).
Debt to Equity History and Analysis
Debt Level: HSS's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: HSS's debt to equity ratio has reduced from 217.9% to 31.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HSS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HSS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/29 |
| Annual Earnings | 2023/12/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
HSS Hire Group plc is covered by 5 analysts. 1 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 |
|---|---|
| Simon Mezzanotte | Berenberg |
| Graham Brown | Canaccord Genuity |
| David Brockton | Numis Securities Ltd. |