Helical Balance Sheet Health
Financial Health criteria checks 2/6
Helical has a total shareholder equity of £401.1M and total debt of £227.6M, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are £657.9M and £256.8M respectively. Helical's EBIT is £12.4M making its interest coverage ratio 1.6. It has cash and short-term investments of £28.6M.
Key information
56.8%
Debt to equity ratio
UK£227.63m
Debt
| Interest coverage ratio | 1.6x |
| Cash | UK£28.63m |
| Equity | UK£401.08m |
| Total liabilities | UK£256.79m |
| Total assets | UK£657.87m |
Recent financial health updates
No updates
Recent updates
Helical's (LON:HLCL) Dividend Will Be Increased To £0.087
Jun 13
Helical (LON:HLCL) Is Paying Out A Larger Dividend Than Last Year
May 26Helical plc's (LON:HLCL) CEO Compensation Is Looking A Bit Stretched At The Moment
Jul 09Helical plc (LON:HLCL) Investors Should Think About This Before Buying It For Its Dividend
May 04Investors Who Bought Helical (LON:HLCL) Shares Three Years Ago Are Now Up 19%
Mar 12Helical plc's (LON:HLCL) Intrinsic Value Is Potentially 24% Below Its Share Price
Feb 20
Financial Position Analysis
Short Term Liabilities: HLCL's short term assets (£88.4M) exceed its short term liabilities (£25.7M).
Long Term Liabilities: HLCL's short term assets (£88.4M) do not cover its long term liabilities (£231.1M).
Debt to Equity History and Analysis
Debt Level: HLCL's net debt to equity ratio (49.6%) is considered high.
Reducing Debt: HLCL's debt to equity ratio has reduced from 75.7% to 56.8% over the past 5 years.
Debt Coverage: HLCL's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: HLCL's interest payments on its debt are not well covered by EBIT (1.6x coverage).