Holley Balance Sheet Health
Financial Health criteria checks 1/6
Holley has a total shareholder equity of $458.7M and total debt of $556.4M, which brings its debt-to-equity ratio to 121.3%. Its total assets and total liabilities are $1.2B and $725.5M respectively. Holley's EBIT is $71.8M making its interest coverage ratio 1.2. It has cash and short-term investments of $50.8M.
Key information
121.3%
Debt to equity ratio
US$556.38m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$50.75m |
| Equity | US$458.74m |
| Total liabilities | US$725.49m |
| Total assets | US$1.18b |
Recent financial health updates
We Think Holley (NYSE:HLLY) Is Taking Some Risk With Its Debt
Jul 16
Does Holley (NYSE:HLLY) Have A Healthy Balance Sheet?
Jan 27Recent updates
Holley Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 13At US$3.42, Is Holley Inc. (NYSE:HLLY) Worth Looking At Closely?
Aug 07We Think Holley (NYSE:HLLY) Is Taking Some Risk With Its Debt
Jul 16Holley (NYSE:HLLY) Hasn't Managed To Accelerate Its Returns
Jun 15Holley: Mixed Q1 2024 Results, And Lower Orders Are A Concern (Downgrade)
May 22Holley Inc. Just Missed EPS By 40%: Here's What Analysts Think Will Happen Next
May 11Holley Inc. (NYSE:HLLY) Investors Are Less Pessimistic Than Expected
Feb 21Does 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 16Financial Position Analysis
Short Term Liabilities: HLLY's short term assets ($298.6M) exceed its short term liabilities ($101.9M).
Long Term Liabilities: HLLY's short term assets ($298.6M) do not cover its long term liabilities ($623.6M).
Debt to Equity History and Analysis
Debt Level: HLLY's net debt to equity ratio (110.2%) 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 (13.3%).
Interest Coverage: HLLY's interest payments on its debt are not well covered by EBIT (1.2x coverage).