Halma Balance Sheet Health
Financial Health criteria checks 5/6
Halma has a total shareholder equity of £1.7B and total debt of £731.2M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are £3.0B and £1.3B respectively. Halma's EBIT is £405.2M making its interest coverage ratio 13.4. It has cash and short-term investments of £180.2M.
Key information
42.0%
Debt to equity ratio
UK£731.20m
Debt
| Interest coverage ratio | 13.4x |
| Cash | UK£180.20m |
| Equity | UK£1.74b |
| Total liabilities | UK£1.26b |
| Total assets | UK£3.00b |
Recent financial health updates
We Think Halma (LON:HLMA) Can Manage Its Debt With Ease
Dec 11
These 4 Measures Indicate That Halma (LON:HLMA) Is Using Debt Safely
Sep 01Recent updates
We Think Halma (LON:HLMA) Can Manage Its Debt With Ease
Dec 11Halma plc (LON:HLMA) Shares Could Be 28% Above Their Intrinsic Value Estimate
Nov 12Earnings Not Telling The Story For Halma plc (LON:HLMA)
Oct 22Returns At Halma (LON:HLMA) Appear To Be Weighed Down
Oct 01These 4 Measures Indicate That Halma (LON:HLMA) Is Using Debt Safely
Sep 01Here's Why We Think Halma (LON:HLMA) Is Well Worth Watching
Aug 16Halma plc's (LON:HLMA) Shareholders Might Be Looking For Exit
Jun 15Here's What To Make Of Halma's (LON:HLMA) Decelerating Rates Of Return
Apr 29Some Shareholders Feeling Restless Over Halma plc's (LON:HLMA) P/E Ratio
Mar 12Here's Why We Think Halma (LON:HLMA) Is Well Worth Watching
Jan 22Returns On Capital At Halma (LON:HLMA) Have Stalled
Jan 07Financial Position Analysis
Short Term Liabilities: HLMA's short term assets (£937.2M) exceed its short term liabilities (£344.9M).
Long Term Liabilities: HLMA's short term assets (£937.2M) exceed its long term liabilities (£913.1M).
Debt to Equity History and Analysis
Debt Level: HLMA's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: HLMA's debt to equity ratio has increased from 31.5% to 42% over the past 5 years.
Debt Coverage: HLMA's debt is well covered by operating cash flow (57.5%).
Interest Coverage: HLMA's interest payments on its debt are well covered by EBIT (13.4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Halma plc is covered by 35 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Blogg | Arbuthnot Securities Limited |
| Christopher Thomas | Arden Partners Plc. |
| Richard Paige | Barclays |