Hays Balance Sheet Health
Financial Health criteria checks 5/6
Hays has a total shareholder equity of £609.2M and total debt of £85.0M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are £1.8B and £1.2B respectively. Hays's EBIT is £159.9M making its interest coverage ratio 25.4. It has cash and short-term investments of £151.9M.
Key information
14.0%
Debt to equity ratio
UK£85.00m
Debt
Interest coverage ratio | 25.4x |
Cash | UK£151.90m |
Equity | UK£609.20m |
Total liabilities | UK£1.17b |
Total assets | UK£1.78b |
Recent financial health updates
We Think Hays (LON:HAS) Can Stay On Top Of Its Debt
Oct 14These 4 Measures Indicate That Hays (LON:HAS) Is Using Debt Safely
Jun 15Recent updates
Here's What's Concerning About Hays' (LON:HAS) Returns On Capital
Jun 14A Look At The Intrinsic Value Of Hays plc (LON:HAS)
Apr 09Should You Think About Buying Hays plc (LON:HAS) Now?
Mar 15Hays' (LON:HAS) Returns On Capital Not Reflecting Well On The Business
Feb 08Hays (LON:HAS) Could Be At Risk Of Shrinking As A Company
Nov 02We Think Hays (LON:HAS) Can Stay On Top Of Its Debt
Oct 14What Does Hays plc's (LON:HAS) Share Price Indicate?
Sep 25Some Investors May Be Worried About Hays' (LON:HAS) Returns On Capital
Jul 06These 4 Measures Indicate That Hays (LON:HAS) Is Using Debt Safely
Jun 15Is Now The Time To Look At Buying Hays plc (LON:HAS)?
May 27Is Hays plc (LON:HAS) Trading At A 41% Discount?
Mar 14Is Now The Time To Look At Buying Hays plc (LON:HAS)?
Jan 24Hays (LON:HAS) May Have Issues Allocating Its Capital
Dec 19Is Hays plc (LON:HAS) Trading At A 38% Discount?
Dec 01At UK£1.07, Is Hays plc (LON:HAS) Worth Looking At Closely?
Oct 25Returns On Capital Signal Tricky Times Ahead For Hays (LON:HAS)
Sep 14Is Hays plc (LON:HAS) Trading At A 49% Discount?
Aug 24What Is Hays plc's (LON:HAS) Share Price Doing?
Jul 11Some Investors May Be Worried About Hays' (LON:HAS) Returns On Capital
May 29Investors Could Be Concerned With Hays' (LON:HAS) Returns On Capital
Feb 16Hays plc (LON:HAS) Shares Could Be 50% Below Their Intrinsic Value Estimate
Dec 26Is It Time To Consider Buying Hays plc (LON:HAS)?
Nov 18Here's Why We Think Hays plc's (LON:HAS) CEO Compensation Looks Fair
Nov 04Hays (LON:HAS) Is Reinvesting At Lower Rates Of Return
Oct 28Is Hays plc (LON:HAS) Worth UK£1.7 Based On Its Intrinsic Value?
Sep 13When Should You Buy Hays plc (LON:HAS)?
Aug 09Hays (LON:HAS) Could Be Struggling To Allocate Capital
Jul 19Is There An Opportunity With Hays plc's (LON:HAS) 21% Undervaluation?
May 03Hays (LON:HAS) Will Will Want To Turn Around Its Return Trends
Apr 02Don't Ignore The Fact That This Insider Just Sold Some Shares In Hays plc (LON:HAS)
Feb 19Hays' (LON:HAS) Stock Price Has Reduced 24% In The Past Three Years
Feb 10What Did Hays' (LON:HAS) CEO Take Home Last Year?
Jan 28How Many Hays plc (LON:HAS) Shares Did Insiders Buy, In The Last Year?
Jan 15The Returns At Hays (LON:HAS) Provide Us With Signs Of What's To Come
Jan 02Here's Why Hays's (LON:HAS) Statutory Earnings Are Arguably Too Conservative
Dec 20At UK£1.43, Is It Time To Put Hays plc (LON:HAS) On Your Watch List?
Dec 06Hays plc's (LON:HAS) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Nov 23Financial Position Analysis
Short Term Liabilities: HAS's short term assets (£1.3B) exceed its short term liabilities (£924.7M).
Long Term Liabilities: HAS's short term assets (£1.3B) exceed its long term liabilities (£246.2M).
Debt to Equity History and Analysis
Debt Level: HAS has more cash than its total debt.
Reducing Debt: HAS's debt to equity ratio has increased from 13.4% to 14% over the past 5 years.
Debt Coverage: HAS's debt is well covered by operating cash flow (195.1%).
Interest Coverage: HAS's interest payments on its debt are well covered by EBIT (25.4x coverage).