Hayleys Fabric Balance Sheet Health
Financial Health criteria checks 3/6
Hayleys Fabric has a total shareholder equity of $32.6M and total debt of $35.1M, which brings its debt-to-equity ratio to 107.6%. Its total assets and total liabilities are $111.7M and $79.1M respectively. Hayleys Fabric's EBIT is $17.7M making its interest coverage ratio 1.9. It has cash and short-term investments of $11.4M.
Key information
107.6%
Debt to equity ratio
US$35.11m
Debt
Interest coverage ratio | 1.9x |
Cash | US$11.42m |
Equity | US$32.62m |
Total liabilities | US$79.08m |
Total assets | US$111.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGT.N0000's short term assets ($55.6M) exceed its short term liabilities ($49.0M).
Long Term Liabilities: MGT.N0000's short term assets ($55.6M) exceed its long term liabilities ($30.1M).
Debt to Equity History and Analysis
Debt Level: MGT.N0000's net debt to equity ratio (72.6%) is considered high.
Reducing Debt: MGT.N0000's debt to equity ratio has increased from 91% to 107.6% over the past 5 years.
Debt Coverage: MGT.N0000's debt is well covered by operating cash flow (59%).
Interest Coverage: MGT.N0000's interest payments on its debt are not well covered by EBIT (1.9x coverage).