Hunting Balance Sheet Health
Financial Health criteria checks 5/6
Hunting has a total shareholder equity of $970.8M and total debt of $84.8M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are $1.3B and $286.7M respectively. Hunting's EBIT is $81.1M making its interest coverage ratio 12.1. It has cash and short-term investments of $71.2M.
Key information
8.7%
Debt to equity ratio
US$84.80m
Debt
| Interest coverage ratio | 12.1x |
| Cash | US$71.20m |
| Equity | US$970.80m |
| Total liabilities | US$286.70m |
| Total assets | US$1.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTGL's short term assets ($667.1M) exceed its short term liabilities ($247.7M).
Long Term Liabilities: HTGL's short term assets ($667.1M) exceed its long term liabilities ($39.0M).
Debt to Equity History and Analysis
Debt Level: HTGL's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: HTGL's debt to equity ratio has increased from 0.6% to 8.7% over the past 5 years.
Debt Coverage: HTGL's debt is well covered by operating cash flow (127.1%).
Interest Coverage: HTGL's interest payments on its debt are well covered by EBIT (12.1x coverage).