H&E Equipment Services Financial Health
Financial Health criteria checks 4/6
H&E Equipment Services has a total shareholder equity of $416.7M and total debt of $1.3B, which brings its debt-to-equity ratio to 307.8%. Its total assets and total liabilities are $2.4B and $2.0B respectively. H&E Equipment Services's EBIT is $224.9M making its interest coverage ratio 4.1. It has cash and short-term investments of $89.9M.
Key information
307.8%
Debt to equity ratio
US$1.28b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$89.95m |
| Equity | US$416.69m |
| Total liabilities | US$2.01b |
| Total assets | US$2.42b |
Recent financial health updates
H&E Equipment Services (NASDAQ:HEES) Takes On Some Risk With Its Use Of Debt
Apr 30
Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?
Jan 27H&E Equipment Services (NASDAQ:HEES) Has A Pretty Healthy Balance Sheet
Apr 17These 4 Measures Indicate That H&E Equipment Services (NASDAQ:HEES) Is Using Debt Extensively
Dec 13H&E Equipment Services (NASDAQ:HEES) Seems To Be Using A Lot Of Debt
Dec 23
Recent updates
H&E Equipment Services (NASDAQ:HEES) Is Due To Pay A Dividend Of $0.275
May 18H&E Equipment Services (NASDAQ:HEES) Takes On Some Risk With Its Use Of Debt
Apr 30Is There An Opportunity With H&E Equipment Services, Inc.'s (NASDAQ:HEES) 31% Undervaluation?
Mar 17H&E Equipment Services (NASDAQ:HEES) Will Pay A Dividend Of $0.275
Feb 16Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?
Jan 27Should You Be Adding H&E Equipment Services (NASDAQ:HEES) To Your Watchlist Today?
Dec 07H&E Equipment to acquire One Source Equipment Rental for $130M in cash
Sep 19H&E Equipment Services (NASDAQ:HEES) Will Pay A Dividend Of $0.275
Aug 15H&E declares $0.275 dividend
Aug 12H&E Q2 2022 Earnings Preview
Jul 27H&E Equipment Services: Recent Performance Indicates Upside Potential Is On The Table
Jun 06H&E Equipment Services (NASDAQ:HEES) Has A Pretty Healthy Balance Sheet
Apr 17H&E Equipment: Delivering On Its Long-Term Strategy
Mar 11These 4 Measures Indicate That H&E Equipment Services (NASDAQ:HEES) Is Using Debt Extensively
Dec 13H&E Equipment: Catching Up With The Leader
Nov 23H&E Equipment Services (NASDAQ:HEES) Has Affirmed Its Dividend Of US$0.28
Aug 14H&E Equipment: Consolidation Ahead
Aug 06Is There An Opportunity With H&E Equipment Services, Inc.'s (NASDAQ:HEES) 27% Undervaluation?
Jul 28H&E EPS misses by $0.06, beats on revenue
Apr 27Estimating The Intrinsic Value Of H&E Equipment Services, Inc. (NASDAQ:HEES)
Mar 30What Is The Ownership Structure Like For H&E Equipment Services, Inc. (NASDAQ:HEES)?
Mar 09H&E Equipment Services, Inc. (NASDAQ:HEES) Investors Should Think About This Before Buying It For Its Dividend
Feb 16Based On Its ROE, Is H&E Equipment Services, Inc. (NASDAQ:HEES) A High Quality Stock?
Jan 29Here's Why We Think H&E Equipment Services's (NASDAQ:HEES) Statutory Earnings Might Be Conservative
Jan 10H&E Equipment Services (NASDAQ:HEES) Seems To Be Using A Lot Of Debt
Dec 23H&E Equipment Services names new president & COO
Dec 17H&E Equipment Services (NASDAQ:HEES) Has Gifted Shareholders With A Fantastic 136% Total Return On Their Investment
Dec 05Financial Position Analysis
Short Term Liabilities: HEES's short term assets ($529.0M) exceed its short term liabilities ($276.8M).
Long Term Liabilities: HEES's short term assets ($529.0M) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: HEES's net debt to equity ratio (286.2%) is considered high.
Reducing Debt: HEES's debt to equity ratio has reduced from 446.5% to 307.8% over the past 5 years.
Debt Coverage: HEES's debt is well covered by operating cash flow (24.8%).
Interest Coverage: HEES's interest payments on its debt are well covered by EBIT (4.1x coverage).