Helical Balance Sheet Health
Financial Health criteria checks 3/6
Helical has a total shareholder equity of £502.3M and total debt of £227.2M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are £761.8M and £259.5M respectively. Helical's EBIT is £14.7M making its interest coverage ratio 1.9. It has cash and short-term investments of £37.0M.
Key information
45.2%
Debt to equity ratio
UK£227.18m
Debt
| Interest coverage ratio | 1.9x |
| Cash | UK£37.04m |
| Equity | UK£502.33m |
| Total liabilities | UK£259.52m |
| Total assets | UK£761.84m |
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 (£53.8M) exceed its short term liabilities (£27.1M).
Long Term Liabilities: HLCL's short term assets (£53.8M) do not cover its long term liabilities (£232.4M).
Debt to Equity History and Analysis
Debt Level: HLCL's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: HLCL's debt to equity ratio has reduced from 78.6% to 45.2% over the past 5 years.
Debt Coverage: HLCL's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: HLCL's interest payments on its debt are not well covered by EBIT (1.9x coverage).