Hilton Food Group Balance Sheet Health
Financial Health criteria checks 4/6
Hilton Food Group has a total shareholder equity of £313.4M and total debt of £232.3M, which brings its debt-to-equity ratio to 74.1%. Its total assets and total liabilities are £1.2B and £868.2M respectively. Hilton Food Group's EBIT is £95.6M making its interest coverage ratio 2.6. It has cash and short-term investments of £95.3M.
Key information
74.1%
Debt to equity ratio
UK£232.30m
Debt
Interest coverage ratio | 2.6x |
Cash | UK£95.32m |
Equity | UK£313.41m |
Total liabilities | UK£868.19m |
Total assets | UK£1.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HFGl's short term assets (£496.9M) exceed its short term liabilities (£449.4M).
Long Term Liabilities: HFGl's short term assets (£496.9M) exceed its long term liabilities (£418.8M).
Debt to Equity History and Analysis
Debt Level: HFGl's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: HFGl's debt to equity ratio has reduced from 100.4% to 74.1% over the past 5 years.
Debt Coverage: HFGl's debt is well covered by operating cash flow (78.8%).
Interest Coverage: HFGl's interest payments on its debt are not well covered by EBIT (2.6x coverage).