Heavitree Brewery Balance Sheet Health
Financial Health criteria checks 5/6
Heavitree Brewery has a total shareholder equity of £16.6M and total debt of £2.1M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are £21.3M and £4.7M respectively. Heavitree Brewery's EBIT is £1.0M making its interest coverage ratio 8. It has cash and short-term investments of £373.0K.
Key information
12.5%
Debt to equity ratio
UK£2.08m
Debt
| Interest coverage ratio | 8x |
| Cash | UK£373.00k |
| Equity | UK£16.58m |
| Total liabilities | UK£4.75m |
| Total assets | UK£21.33m |
Recent financial health updates
Recent updates
The Returns At Heavitree Brewery (LON:HVTA) Aren't Growing
Apr 20
Be Wary Of Heavitree Brewery (LON:HVTA) And Its Returns On Capital
Nov 10Heavitree Brewery's (LON:HVTA) Returns On Capital Not Reflecting Well On The Business
Jun 01Does Heavitree Brewery (LON:HVTA) Have A Healthy Balance Sheet?
Mar 05Should We Be Excited About The Trends Of Returns At Heavitree Brewery (LON:HVTA)?
Jan 29Calculating The Fair Value Of The Heavitree Brewery PLC (LON:HVTA)
Dec 07
Financial Position Analysis
Short Term Liabilities: HVTA's short term assets (£1.6M) do not cover its short term liabilities (£3.4M).
Long Term Liabilities: HVTA's short term assets (£1.6M) exceed its long term liabilities (£1.4M).
Debt to Equity History and Analysis
Debt Level: HVTA's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: HVTA's debt to equity ratio has reduced from 58.4% to 12.5% over the past 5 years.
Debt Coverage: HVTA's debt is well covered by operating cash flow (37.6%).
Interest Coverage: HVTA's interest payments on its debt are well covered by EBIT (8x coverage).