H+H International Balance Sheet Health
Financial Health criteria checks 2/6
H+H International has a total shareholder equity of DKK1.7B and total debt of DKK907.0M, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are DKK3.5B and DKK1.8B respectively. H+H International's EBIT is DKK34.0M making its interest coverage ratio 0.8. It has cash and short-term investments of DKK139.0M.
Key information
54.1%
Debt to equity ratio
kr.907.00m
Debt
| Interest coverage ratio | 0.8x |
| Cash | kr.139.00m |
| Equity | kr.1.68b |
| Total liabilities | kr.1.78b |
| Total assets | kr.3.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M6J's short term assets (DKK986.0M) exceed its short term liabilities (DKK531.0M).
Long Term Liabilities: 0M6J's short term assets (DKK986.0M) do not cover its long term liabilities (DKK1.2B).
Debt to Equity History and Analysis
Debt Level: 0M6J's net debt to equity ratio (45.8%) is considered high.
Reducing Debt: 0M6J's debt to equity ratio has reduced from 65.3% to 54.1% over the past 5 years.
Debt Coverage: 0M6J's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0M6J's interest payments on its debt are not well covered by EBIT (0.8x coverage).