Haleon Balance Sheet Health
Financial Health criteria checks 3/6
Haleon has a total shareholder equity of £16.7B and total debt of £9.6B, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are £34.1B and £17.3B respectively. Haleon's EBIT is £2.4B making its interest coverage ratio 6.3. It has cash and short-term investments of £1.0B.
Key information
57.4%
Debt to equity ratio
UK£9.61b
Debt
Interest coverage ratio | 6.3x |
Cash | UK£1.04b |
Equity | UK£16.73b |
Total liabilities | UK£17.33b |
Total assets | UK£34.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLNL's short term assets (£4.8B) exceed its short term liabilities (£4.6B).
Long Term Liabilities: HLNL's short term assets (£4.8B) do not cover its long term liabilities (£12.7B).
Debt to Equity History and Analysis
Debt Level: HLNL's net debt to equity ratio (51.2%) is considered high.
Reducing Debt: Insufficient data to determine if HLNL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HLNL's debt is well covered by operating cash flow (21.9%).
Interest Coverage: HLNL's interest payments on its debt are well covered by EBIT (6.3x coverage).