High Balance Sheet Health
Financial Health criteria checks 6/6
High has a total shareholder equity of €96.3M and total debt of €1,000.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €205.3M and €109.0M respectively. High's EBIT is €16.0M making its interest coverage ratio 51.5. It has cash and short-term investments of €59.6M.
Key information
0.001%
Debt to equity ratio
€1.00k
Debt
Interest coverage ratio | 51.5x |
Cash | €59.56m |
Equity | €96.30m |
Total liabilities | €108.98m |
Total assets | €205.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCOP's short term assets (€105.6M) exceed its short term liabilities (€94.8M).
Long Term Liabilities: HCOP's short term assets (€105.6M) exceed its long term liabilities (€14.2M).
Debt to Equity History and Analysis
Debt Level: HCOP has more cash than its total debt.
Reducing Debt: HCOP's debt to equity ratio has reduced from 12.7% to 0% over the past 5 years.
Debt Coverage: HCOP's debt is well covered by operating cash flow (1138700%).
Interest Coverage: HCOP's interest payments on its debt are well covered by EBIT (51.5x coverage).