HEICO Balance Sheet Health
Financial Health criteria checks 2/6
HEICO has a total shareholder equity of $3.7B and total debt of $2.5B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are $7.3B and $3.7B respectively. HEICO's EBIT is $692.7M making its interest coverage ratio 6.6. It has cash and short-term investments of $196.3M.
Key information
67.1%
Debt to equity ratio
US$2.47b
Debt
| Interest coverage ratio | 6.6x |
| Cash | US$196.32m |
| Equity | US$3.68b |
| Total liabilities | US$3.65b |
| Total assets | US$7.34b |
Recent financial health updates
Does HEICO (NYSE:HEI) Have A Healthy Balance Sheet?
Apr 05
Is HEICO (NYSE:HEI) A Risky Investment?
Nov 13These 4 Measures Indicate That HEICO (NYSE:HEI) Is Using Debt Safely
May 12HEICO (NYSE:HEI) Seems To Use Debt Rather Sparingly
Jan 24We Think HEICO (NYSE:HEI) Can Manage Its Debt With Ease
Oct 18HEICO (NYSE:HEI) Has A Rock Solid Balance Sheet
Jul 12Recent updates
Calculating The Fair Value Of HEICO Corporation (NYSE:HEI)
Apr 17Does HEICO (NYSE:HEI) Have A Healthy Balance Sheet?
Apr 05Earnings Tell The Story For HEICO Corporation (NYSE:HEI)
Mar 24HEICO Corporation: Strong Demand Outlook
Mar 12Is Now The Time To Look At Buying HEICO Corporation (NYSE:HEI)?
Mar 12Results: HEICO Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 29HEICO (NYSE:HEI) Will Want To Turn Around Its Return Trends
Feb 18HEICO Corporation: I Am Buying The Share Price Dip
Jan 13Does HEICO (NYSE:HEI) Deserve A Spot On Your Watchlist?
Jan 01What You Can Learn From HEICO Corporation's (NYSE:HEI) P/E
Dec 20Should You Think About Buying HEICO Corporation (NYSE:HEI) Now?
Dec 07HEICO: Insanely Overpriced Or Extremely Underappreciated?
Nov 27HEICO Corporation's (NYSE:HEI) Intrinsic Value Is Potentially 23% Below Its Share Price
Nov 25Is HEICO (NYSE:HEI) A Risky Investment?
Nov 13Returns On Capital Signal Tricky Times Ahead For HEICO (NYSE:HEI)
Nov 01HEICO Corporation: Attractive Business Model With Attractive Financial Profile
Oct 19HEICO (NYSE:HEI) Ticks All The Boxes When It Comes To Earnings Growth
Sep 12What Does HEICO Corporation's (NYSE:HEI) Share Price Indicate?
Aug 30HEICO Stock Tumbles: Buy The Dip?
Aug 29A Look At The Intrinsic Value Of HEICO Corporation (NYSE:HEI)
Aug 16The Returns At HEICO (NYSE:HEI) Aren't Growing
Aug 01Does HEICO (NYSE:HEI) Deserve A Spot On Your Watchlist?
Jun 08Is Now The Time To Look At Buying HEICO Corporation (NYSE:HEI)?
May 25HEICO Corporation: Still Flying High, With Some Modest Leverage
May 24These 4 Measures Indicate That HEICO (NYSE:HEI) Is Using Debt Safely
May 12Return Trends At HEICO (NYSE:HEI) Aren't Appealing
Apr 27Here's Why HEICO Corporation's (NYSE:HEI) CEO May Have Their Pay Bumped Up
Mar 11HEICO FQ1 2023 Earnings Preview
Feb 24Is HEICO Corporation (NYSE:HEI) Potentially Undervalued?
Feb 13HEICO (NYSE:HEI) Seems To Use Debt Rather Sparingly
Jan 24HEICO raises dividend by 11% to $0.10
Dec 19Here's What To Make Of HEICO's (NYSE:HEI) Decelerating Rates Of Return
Dec 06What Does HEICO Corporation's (NYSE:HEI) Share Price Indicate?
Nov 02We Think HEICO (NYSE:HEI) Can Manage Its Debt With Ease
Oct 18Slowing Rates Of Return At HEICO (NYSE:HEI) Leave Little Room For Excitement
Sep 05HEICO shares fall on mixed Q3 results; co continues to withhold fiscal 2022 guidance
Aug 30Heico acquires aircraft antenna firm Sensor Systems
Aug 11Estimating The Fair Value Of HEICO Corporation (NYSE:HEI)
Aug 09HEICO Corporation: Flying Too High
Aug 03Heico to acquire Exxelia in €453M cash deal
Jul 28Is It Too Late To Consider Buying HEICO Corporation (NYSE:HEI)?
Jul 25Heico takes 96% stake in Accurate Metal Machining
Jul 19HEICO (NYSE:HEI) Has A Rock Solid Balance Sheet
Jul 12HEICO: You Still Have To Wait A Bit More
Jul 04Slowing Rates Of Return At HEICO (NYSE:HEI) Leave Little Room For Excitement
May 30Calculating The Fair Value Of HEICO Corporation (NYSE:HEI)
May 02Is Now The Time To Look At Buying HEICO Corporation (NYSE:HEI)?
Apr 18Is HEICO (NYSE:HEI) Using Too Much Debt?
Apr 06HEICO: Don't Buy Airlines, Buy This Stock
Mar 07HEICO's (NYSE:HEI) Returns Have Hit A Wall
Feb 27Financial Position Analysis
Short Term Liabilities: HEI's short term assets ($1.9B) exceed its short term liabilities ($604.1M).
Long Term Liabilities: HEI's short term assets ($1.9B) do not cover its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: HEI's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: HEI's debt to equity ratio has increased from 34.9% to 67.1% over the past 5 years.
Debt Coverage: HEI's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: HEI's interest payments on its debt are well covered by EBIT (6.6x coverage).