H&E Equipment Services, Inc.

NasdaqGS:HEES Stock Report

Mkt Cap: US$1.4b

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 ratio4.1x
CashUS$89.95m
EquityUS$416.69m
Total liabilitiesUS$2.01b
Total assetsUS$2.42b

Recent financial health updates

Recent updates

H&E Equipment Services (NASDAQ:HEES) Is Due To Pay A Dividend Of $0.275

May 18
H&E Equipment Services (NASDAQ:HEES) Is Due To Pay A Dividend Of $0.275

H&E Equipment Services (NASDAQ:HEES) Takes On Some Risk With Its Use Of Debt

Apr 30
H&E Equipment Services (NASDAQ:HEES) Takes On Some Risk With Its Use Of Debt

Is There An Opportunity With H&E Equipment Services, Inc.'s (NASDAQ:HEES) 31% Undervaluation?

Mar 17
Is There An Opportunity With H&E Equipment Services, Inc.'s (NASDAQ:HEES) 31% Undervaluation?

H&E Equipment Services (NASDAQ:HEES) Will Pay A Dividend Of $0.275

Feb 16
H&E Equipment Services (NASDAQ:HEES) Will Pay A Dividend Of $0.275

Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?

Jan 27
Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?

Should You Be Adding H&E Equipment Services (NASDAQ:HEES) To Your Watchlist Today?

Dec 07
Should You Be Adding H&E Equipment Services (NASDAQ:HEES) To Your Watchlist Today?

H&E Equipment to acquire One Source Equipment Rental for $130M in cash

Sep 19

H&E Equipment Services (NASDAQ:HEES) Will Pay A Dividend Of $0.275

Aug 15
H&E Equipment Services (NASDAQ:HEES) Will Pay A Dividend Of $0.275

H&E declares $0.275 dividend

Aug 12

H&E Q2 2022 Earnings Preview

Jul 27

H&E Equipment Services: Recent Performance Indicates Upside Potential Is On The Table

Jun 06

H&E Equipment Services (NASDAQ:HEES) Has A Pretty Healthy Balance Sheet

Apr 17
H&E Equipment Services (NASDAQ:HEES) Has A Pretty Healthy Balance Sheet

H&E Equipment: Delivering On Its Long-Term Strategy

Mar 11

These 4 Measures Indicate That H&E Equipment Services (NASDAQ:HEES) Is Using Debt Extensively

Dec 13
These 4 Measures Indicate That H&E Equipment Services (NASDAQ:HEES) Is Using Debt Extensively

H&E Equipment: Catching Up With The Leader

Nov 23

H&E Equipment Services (NASDAQ:HEES) Has Affirmed Its Dividend Of US$0.28

Aug 14
H&E Equipment Services (NASDAQ:HEES) Has Affirmed Its Dividend Of US$0.28

H&E Equipment: Consolidation Ahead

Aug 06

Is There An Opportunity With H&E Equipment Services, Inc.'s (NASDAQ:HEES) 27% Undervaluation?

Jul 28
Is There An Opportunity With H&E Equipment Services, Inc.'s (NASDAQ:HEES) 27% Undervaluation?

H&E EPS misses by $0.06, beats on revenue

Apr 27

Estimating The Intrinsic Value Of H&E Equipment Services, Inc. (NASDAQ:HEES)

Mar 30
Estimating The Intrinsic Value Of H&E Equipment Services, Inc. (NASDAQ:HEES)

What Is The Ownership Structure Like For H&E Equipment Services, Inc. (NASDAQ:HEES)?

Mar 09
What Is The Ownership Structure Like For H&E Equipment Services, Inc. (NASDAQ:HEES)?

H&E Equipment Services, Inc. (NASDAQ:HEES) Investors Should Think About This Before Buying It For Its Dividend

Feb 16
H&E Equipment Services, Inc. (NASDAQ:HEES) Investors Should Think About This Before Buying It For Its Dividend

Based On Its ROE, Is H&E Equipment Services, Inc. (NASDAQ:HEES) A High Quality Stock?

Jan 29
Based On Its ROE, Is H&E Equipment Services, Inc. (NASDAQ:HEES) A High Quality Stock?

Here's Why We Think H&E Equipment Services's (NASDAQ:HEES) Statutory Earnings Might Be Conservative

Jan 10
Here's Why We Think H&E Equipment Services's (NASDAQ:HEES) Statutory Earnings Might Be Conservative

H&E Equipment Services (NASDAQ:HEES) Seems To Be Using A Lot Of Debt

Dec 23
H&E Equipment Services (NASDAQ:HEES) Seems To Be Using A Lot Of Debt

H&E Equipment Services names new president & COO

Dec 17

H&E Equipment Services (NASDAQ:HEES) Has Gifted Shareholders With A Fantastic 136% Total Return On Their Investment

Dec 05
H&E Equipment Services (NASDAQ:HEES) Has Gifted Shareholders With A Fantastic 136% Total Return On Their Investment

Financial 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).


Balance Sheet


Discover healthy companies