Heavitree Brewery Balance Sheet Health
Financial Health criteria checks 4/6
Heavitree Brewery has a total shareholder equity of £17.0M and total debt of £2.3M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are £22.2M and £5.2M respectively. Heavitree Brewery's EBIT is £1.1M making its interest coverage ratio 8.1. It has cash and short-term investments of £66.0K.
Key information
13.4%
Debt to equity ratio
UK£2.28m
Debt
| Interest coverage ratio | 8.1x |
| Cash | UK£66.00k |
| Equity | UK£16.98m |
| Total liabilities | UK£5.23m |
| Total assets | UK£22.22m |
Recent financial health updates
Is Heavitree Brewery (LON:HVTA) A Risky Investment?
Aug 07
Does Heavitree Brewery (LON:HVTA) Have A Healthy Balance Sheet?
Mar 05Recent updates
Is Heavitree Brewery (LON:HVTA) A Risky Investment?
Aug 07Heavitree Brewery's (LON:HVTA) Dividend Will Be £0.0225
Jul 02The Returns At Heavitree Brewery (LON:HVTA) Aren't Growing
Apr 20Be 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 (£1.7M) do not cover its short term liabilities (£2.2M).
Long Term Liabilities: HVTA's short term assets (£1.7M) do not cover its long term liabilities (£3.0M).
Debt to Equity History and Analysis
Debt Level: HVTA's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: HVTA's debt to equity ratio has reduced from 59.5% to 13.4% over the past 5 years.
Debt Coverage: HVTA's debt is well covered by operating cash flow (47.4%).
Interest Coverage: HVTA's interest payments on its debt are well covered by EBIT (8.1x coverage).