H&E Equipment Services Balance Sheet Health
Financial Health criteria checks 4/6
H&E Equipment Services has a total shareholder equity of $550.7M and total debt of $1.5B, which brings its debt-to-equity ratio to 272.4%. Its total assets and total liabilities are $2.8B and $2.2B respectively. H&E Equipment Services's EBIT is $284.0M making its interest coverage ratio 4.3. It has cash and short-term investments of $9.1M.
Key information
272.4%
Debt to equity ratio
US$1.50b
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$9.08m |
| Equity | US$550.68m |
| Total liabilities | US$2.21b |
| Total assets | US$2.76b |
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 27Recent updates
Benign Growth For H&E Equipment Services, Inc. (NASDAQ:HEES) Underpins Its Share Price
May 30H&E Equipment Services, Inc. Beat Revenue Forecasts By 5.3%: Here's What Analysts Are Forecasting Next
May 03Choice Equities - H&E Equipment Services: Market Fails To Appreciate Growth Prospects
May 01H&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 06Financial Position Analysis
Short Term Liabilities: HEES's short term assets ($372.8M) exceed its short term liabilities ($181.7M).
Long Term Liabilities: HEES's short term assets ($372.8M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: HEES's net debt to equity ratio (270.7%) is considered high.
Reducing Debt: HEES's debt to equity ratio has reduced from 472.1% to 272.4% over the past 5 years.
Debt Coverage: HEES's debt is well covered by operating cash flow (29.7%).
Interest Coverage: HEES's interest payments on its debt are well covered by EBIT (4.3x coverage).