H&E Equipment Services Balance Sheet Health
Financial Health criteria checks 4/6
H&E Equipment Services has a total shareholder equity of $534.3M and total debt of $1.4B, which brings its debt-to-equity ratio to 267.1%. Its total assets and total liabilities are $2.6B and $2.1B respectively. H&E Equipment Services's EBIT is $279.3M making its interest coverage ratio 4.6. It has cash and short-term investments of $8.5M.
Key information
267.1%
Debt to equity ratio
US$1.43b
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$8.50m |
| Equity | US$534.29m |
| Total liabilities | US$2.11b |
| Total assets | US$2.64b |
Recent financial health updates
Is H&E Equipment Services (NASDAQ:HEES) Using Too Much Debt?
Dec 06
Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?
Sep 04H&E Equipment Services (NASDAQ:HEES) Takes On Some Risk With Its Use Of Debt
Apr 30Does 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 17Recent updates
H&E Equipment: Rental Business With Ambitions
Apr 18Here's Why We Think H&E Equipment Services (NASDAQ:HEES) Is Well Worth Watching
Apr 16What Does H&E Equipment Services, Inc.'s (NASDAQ:HEES) Share Price Indicate?
Apr 01Results: H&E Equipment Services, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 24H&E Equipment: Short-Term Prospects Are Less Appealing
Feb 15H&E Equipment Services (NASDAQ:HEES) Has Announced A Dividend Of $0.275
Feb 15There's No Escaping H&E Equipment Services, Inc.'s (NASDAQ:HEES) Muted Earnings
Jan 26H&E Is Positioned Well For Elevated 2024 Construction Spending
Jan 12Here's Why We Think H&E Equipment Services (NASDAQ:HEES) Is Well Worth Watching
Jan 08Is H&E Equipment Services (NASDAQ:HEES) Using Too Much Debt?
Dec 06Should You Think About Buying H&E Equipment Services, Inc. (NASDAQ:HEES) Now?
Oct 20Here's Why We Think H&E Equipment Services (NASDAQ:HEES) Is Well Worth Watching
Oct 06Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?
Sep 04H&E Equipment Services (NASDAQ:HEES) Is Paying Out A Dividend Of $0.275
Aug 17Estimating The Fair Value Of H&E Equipment Services, Inc. (NASDAQ:HEES)
Aug 02Is Now The Time To Put H&E Equipment Services (NASDAQ:HEES) On Your Watchlist?
Jun 03H&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 11Financial Position Analysis
Short Term Liabilities: HEES's short term assets ($374.6M) exceed its short term liabilities ($186.3M).
Long Term Liabilities: HEES's short term assets ($374.6M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: HEES's net debt to equity ratio (265.5%) is considered high.
Reducing Debt: HEES's debt to equity ratio has reduced from 443.6% to 267.1% over the past 5 years.
Debt Coverage: HEES's debt is well covered by operating cash flow (28.4%).
Interest Coverage: HEES's interest payments on its debt are well covered by EBIT (4.6x coverage).