HCI Group Balance Sheet Health
Financial Health criteria checks 6/6
HCI Group has a total shareholder equity of $423.3M and total debt of $208.5M, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are $1.8B and $1.4B respectively. HCI Group's EBIT is $128.8M making its interest coverage ratio 11.6. It has cash and short-term investments of $536.5M.
Key information
49.3%
Debt to equity ratio
US$208.49m
Debt
Interest coverage ratio | 11.6x |
Cash | US$536.48m |
Equity | US$423.33m |
Total liabilities | US$1.39b |
Total assets | US$1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0J22's short term assets ($1.2B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: 0J22's short term assets ($1.2B) exceed its long term liabilities ($245.2M).
Debt to Equity History and Analysis
Debt Level: 0J22 has more cash than its total debt.
Reducing Debt: 0J22's debt to equity ratio has reduced from 137.8% to 49.3% over the past 5 years.
Debt Coverage: 0J22's debt is well covered by operating cash flow (110.6%).
Interest Coverage: 0J22's interest payments on its debt are well covered by EBIT (11.6x coverage).