Hubbell Balance Sheet Health
Financial Health criteria checks 4/6
Hubbell has a total shareholder equity of $2.9B and total debt of $2.1B, which brings its debt-to-equity ratio to 74.1%. Its total assets and total liabilities are $6.9B and $4.0B respectively. Hubbell's EBIT is $1.0B making its interest coverage ratio 28.4. It has cash and short-term investments of $348.7M.
Key information
74.1%
Debt to equity ratio
US$2.14b
Debt
Interest coverage ratio | 28.4x |
Cash | US$348.70m |
Equity | US$2.89b |
Total liabilities | US$4.02b |
Total assets | US$6.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HUBB *'s short term assets ($2.2B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: HUBB *'s short term assets ($2.2B) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: HUBB *'s net debt to equity ratio (62%) is considered high.
Reducing Debt: HUBB *'s debt to equity ratio has reduced from 99.7% to 74.1% over the past 5 years.
Debt Coverage: HUBB *'s debt is well covered by operating cash flow (41.1%).
Interest Coverage: HUBB *'s interest payments on its debt are well covered by EBIT (28.4x coverage).