Hydratec Industries Financial Health
How is Hydratec Industries's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: HYDRA's short term assets (€116.8M) do not cover its short term liabilities (€117.4M).
Long Term Liabilities: HYDRA's short term assets (€116.8M) exceed its long term liabilities (€27.6M).
Debt to Equity History and Analysis
Debt Level: HYDRA's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: HYDRA's debt to equity ratio has reduced from 43.7% to 38.4% over the past 5 years.
Debt Coverage: HYDRA's debt is well covered by operating cash flow (87.3%).
Interest Coverage: HYDRA's interest payments on its debt are well covered by EBIT (15x coverage).