Halfords Group Balance Sheet Health
Financial Health criteria checks 5/6
Halfords Group has a total shareholder equity of £553.8M and total debt of £21.4M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are £1.3B and £725.7M respectively. Halfords Group's EBIT is £56.2M making its interest coverage ratio 4.7. It has cash and short-term investments of £13.3M.
Key information
3.9%
Debt to equity ratio
UK£21.40m
Debt
| Interest coverage ratio | 4.7x |
| Cash | UK£13.30m |
| Equity | UK£553.80m |
| Total liabilities | UK£725.70m |
| Total assets | UK£1.28b |
Recent financial health updates
Recent updates
There May Be Some Bright Spots In Halfords Group's (LON:HFD) Earnings
Jul 05
Does Halfords Group (LON:HFD) Have A Healthy Balance Sheet?
Feb 29Estimating The Fair Value Of Halfords Group plc (LON:HFD)
Dec 02Why Halfords Group plc (LON:HFD) Could Be Worth Watching
Oct 13Halfords Group (LON:HFD) Is Increasing Its Dividend To £0.07
Aug 02Halfords Group (LON:HFD) Will Pay A Larger Dividend Than Last Year At £0.07
Jul 19Halfords Group's (LON:HFD) Upcoming Dividend Will Be Larger Than Last Year's
Jun 24Is Now The Time To Look At Buying Halfords Group plc (LON:HFD)?
Apr 19Halfords Group plc (LON:HFD) Shares Could Be 34% Above Their Intrinsic Value Estimate
Feb 03Is It Too Late To Consider Buying Halfords Group plc (LON:HFD)?
Jan 13Halfords Group (LON:HFD) Will Pay A Larger Dividend Than Last Year At £0.06
Jul 29Halfords Group (LON:HFD) Will Pay A Larger Dividend Than Last Year At £0.06
Jul 14Halfords Group (LON:HFD) Will Pay A Larger Dividend Than Last Year At UK£0.06
Jun 20At UK£2.04, Is It Time To Put Halfords Group plc (LON:HFD) On Your Watch List?
Jun 14When Should You Buy Halfords Group plc (LON:HFD)?
Mar 08Here's What To Make Of Halfords Group's (LON:HFD) Decelerating Rates Of Return
Feb 08A Look At The Fair Value Of Halfords Group plc (LON:HFD)
Nov 30At UK£3.34, Is Halfords Group plc (LON:HFD) Worth Looking At Closely?
Nov 10Here's What To Make Of Halfords Group's (LON:HFD) Decelerating Rates Of Return
Sep 10Is Now The Time To Look At Buying Halfords Group plc (LON:HFD)?
Jul 07Returns On Capital At Halfords Group (LON:HFD) Paint A Concerning Picture
May 30Is It Too Late To Consider Buying Halfords Group plc (LON:HFD)?
Mar 31Shareholders Are Raving About How The Halfords Group (LON:HFD) Share Price Increased 319%
Mar 16Is Halfords Group (LON:HFD) Likely To Turn Things Around?
Feb 27Do Its Financials Have Any Role To Play In Driving Halfords Group plc's (LON:HFD) Stock Up Recently?
Feb 14
Financial Position Analysis
Short Term Liabilities: HFD's short term assets (£420.4M) do not cover its short term liabilities (£463.2M).
Long Term Liabilities: HFD's short term assets (£420.4M) exceed its long term liabilities (£262.5M).
Debt to Equity History and Analysis
Debt Level: HFD's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: HFD's debt to equity ratio has reduced from 19.8% to 3.9% over the past 5 years.
Debt Coverage: HFD's debt is well covered by operating cash flow (782.2%).
Interest Coverage: HFD's interest payments on its debt are well covered by EBIT (4.7x coverage).