H+H International Balance Sheet Health
Financial Health criteria checks 5/6
H+H International has a total shareholder equity of DKK1.9B and total debt of DKK920.0M, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are DKK3.8B and DKK1.8B respectively. H+H International's EBIT is DKK436.0M making its interest coverage ratio 43.6. It has cash and short-term investments of DKK536.0M.
Key information
47.5%
Debt to equity ratio
DKK 920.00m
Debt
| Interest coverage ratio | 43.6x |
| Cash | DKK 536.00m |
| Equity | DKK 1.94b |
| Total liabilities | DKK 1.81b |
| Total assets | DKK 3.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HHC's short term assets (DKK1.2B) exceed its short term liabilities (DKK535.0M).
Long Term Liabilities: HHC's short term assets (DKK1.2B) do not cover its long term liabilities (DKK1.3B).
Debt to Equity History and Analysis
Debt Level: HHC's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: HHC's debt to equity ratio has reduced from 124.4% to 47.5% over the past 5 years.
Debt Coverage: HHC's debt is well covered by operating cash flow (34.3%).
Interest Coverage: HHC's interest payments on its debt are well covered by EBIT (43.6x coverage).