Holley Balance Sheet Health
Financial Health criteria checks 1/6
Holley has a total shareholder equity of $441.2M and total debt of $585.3M, which brings its debt-to-equity ratio to 132.7%. Its total assets and total liabilities are $1.2B and $762.2M respectively. Holley's EBIT is $96.8M making its interest coverage ratio 1.6. It has cash and short-term investments of $41.1M.
Key information
132.7%
Debt to equity ratio
US$585.34m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$41.08m |
| Equity | US$441.15m |
| Total liabilities | US$762.19m |
| Total assets | US$1.20b |
Recent financial health updates
Recent updates
Holley Inc. (NYSE:HLLY) Investors Are Less Pessimistic Than Expected
Feb 21
Does Holley (NYSE:HLLY) Have A Healthy Balance Sheet?
Jan 27Holley's (NYSE:HLLY) Returns On Capital Not Reflecting Well On The Business
Dec 15Holley: Strong Q3 2023 Results And Significant Debt Reduction (Rating Upgrade)
Nov 15Holley: Weak Company With Only Problems Ahead
Oct 21An Intrinsic Calculation For Holley Inc. (NYSE:HLLY) Suggests It's 49% Undervalued
Sep 27Evaluating Holley Inc. Investment Potential Amidst Elevated Risk And Interest Rates
Sep 18Holley Shifts Into A Higher Gear (Rating Upgrade)
Aug 12Investors Could Be Concerned With Holley's (NYSE:HLLY) Returns On Capital
Jul 17Why Holley Inc. (NYSE:HLLY) Could Be Worth Watching
Jun 29Holley: Decent Q1 2023 Results But Underwhelming Outlook (Rating Upgrade)
May 26Holley Inc.'s (NYSE:HLLY) Shares Lagging The Market But So Is The Business
Apr 19Investors Could Be Concerned With Holley's (NYSE:HLLY) Returns On Capital
Mar 31Why Holley Inc. (NYSE:HLLY) Could Be Worth Watching
Feb 22Holley: Holy Moly, Financial Results Just Keep Getting Worse
Feb 14Holley's falls 6% after CEO retires, Q4 preliminary sales below estimates
Feb 06Is Holley Inc. (NYSE:HLLY) Trading At A 32% Discount?
Dec 16Holley GAAP EPS of $0.27 beats by $0.22, revenue of $154.8M beats by $2M
Nov 14Investors Met With Slowing Returns on Capital At Holley (NYSE:HLLY)
Sep 17Holley: Demand No Longer Seems Sticky Following Soft Guidance
Aug 30We Think You Can Look Beyond Holley's (NYSE:HLLY) Lackluster Earnings
Aug 18Holley GAAP EPS of $0.35 beats by $0.10, revenue of $179.4M in-line; narrows FY22 guidance
Aug 11Is Holley Inc. (NYSE:HLLY) Trading At A 42% Discount?
Aug 01Holley: Demand Looks Sticky, Company Seems Undervalued Based On Fundamentals
Jun 07Financial Position Analysis
Short Term Liabilities: HLLY's short term assets ($297.4M) exceed its short term liabilities ($93.7M).
Long Term Liabilities: HLLY's short term assets ($297.4M) do not cover its long term liabilities ($668.5M).
Debt to Equity History and Analysis
Debt Level: HLLY's net debt to equity ratio (123.4%) is considered high.
Reducing Debt: Insufficient data to determine if HLLY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HLLY's debt is not well covered by operating cash flow (15%).
Interest Coverage: HLLY's interest payments on its debt are not well covered by EBIT (1.6x coverage).