Helios Underwriting Balance Sheet Health
Financial Health criteria checks 4/6
Helios Underwriting has a total shareholder equity of £117.2M and total debt of £15.0M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are £672.0M and £554.9M respectively. Helios Underwriting's EBIT is £5.0M making its interest coverage ratio 5.6. It has cash and short-term investments of £261.5M.
Key information
12.8%
Debt to equity ratio
UK£15.00m
Debt
| Interest coverage ratio | 5.6x |
| Cash | UK£261.51m |
| Equity | UK£117.15m |
| Total liabilities | UK£554.87m |
| Total assets | UK£672.02m |
Recent financial health updates
No updates
Recent updates
Helios Underwriting plc's (LON:HUW) Business Is Yet to Catch Up With Its Share Price
Mar 11
Is Now The Time To Put Helios Underwriting (LON:HUW) On Your Watchlist?
May 14What You Need To Know About Helios Underwriting Plc's (LON:HUW) Investor Composition
Feb 24If You Like EPS Growth Then Check Out Helios Underwriting (LON:HUW) Before It's Too Late
Jan 27
Are Robust Financials Driving The Recent Rally In Helios Underwriting Plc's (LON:HUW) Stock?
Jan 01If You Had Bought Helios Underwriting's (LON:HUW) Shares Five Years Ago You Would Be Down 38%
Dec 01Financial Position Analysis
Short Term Liabilities: HUW's short term assets (£584.1M) exceed its short term liabilities (£540.9M).
Long Term Liabilities: HUW's short term assets (£584.1M) exceed its long term liabilities (£13.9M).
Debt to Equity History and Analysis
Debt Level: HUW has more cash than its total debt.
Reducing Debt: HUW's debt to equity ratio has increased from 0% to 12.8% over the past 5 years.
Debt Coverage: HUW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HUW's interest payments on its debt are well covered by EBIT (5.6x coverage).