HSS Hire Group Balance Sheet Health
Financial Health criteria checks 4/6
HSS Hire Group has a total shareholder equity of £187.7M and total debt of £68.9M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are £433.0M and £245.3M respectively. HSS Hire Group's EBIT is £26.6M making its interest coverage ratio 2.9. It has cash and short-term investments of £36.6M.
Key information
36.7%
Debt to equity ratio
UK£68.87m
Debt
| Interest coverage ratio | 2.9x |
| Cash | UK£36.62m |
| Equity | UK£187.67m |
| Total liabilities | UK£245.30m |
| Total assets | UK£432.97m |
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 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 (£126.3M) exceed its short term liabilities (£104.2M).
Long Term Liabilities: HSS's short term assets (£126.3M) do not cover its long term liabilities (£141.1M).
Debt to Equity History and Analysis
Debt Level: HSS's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: HSS's debt to equity ratio has reduced from 303.6% to 36.7% over the past 5 years.
Debt Coverage: HSS's debt is well covered by operating cash flow (41.3%).
Interest Coverage: HSS's interest payments on its debt are not well covered by EBIT (2.9x coverage).