Hubbell Balance Sheet Health
Financial Health criteria checks 4/6
Hubbell has a total shareholder equity of $2.9B and total debt of $2.1B, which brings its debt-to-equity ratio to 74.1%. Its total assets and total liabilities are $6.9B and $4.0B respectively. Hubbell's EBIT is $1.0B making its interest coverage ratio 28.4. It has cash and short-term investments of $348.7M.
Key information
74.1%
Debt to equity ratio
US$2.14b
Debt
Interest coverage ratio | 28.4x |
Cash | US$348.70m |
Equity | US$2.89b |
Total liabilities | US$4.02b |
Total assets | US$6.91b |
Recent financial health updates
Does Hubbell (NYSE:HUBB) Have A Healthy Balance Sheet?
Mar 21Hubbell (NYSE:HUBB) Has A Rock Solid Balance Sheet
Dec 12Hubbell (NYSE:HUBB) Seems To Use Debt Rather Sparingly
Sep 09Is Hubbell (NYSE:HUBB) A Risky Investment?
May 12Hubbell (NYSE:HUBB) Has A Rock Solid Balance Sheet
Jan 25Is Hubbell (NYSE:HUBB) Using Too Much Debt?
Oct 05Recent updates
Does Hubbell (NYSE:HUBB) Have A Healthy Balance Sheet?
Mar 21What Does Hubbell Incorporated's (NYSE:HUBB) Share Price Indicate?
Mar 07Hubbell Incorporated: Rating Upgrade As FY24 Guidance Could See A Beat
Feb 03Analysts Have Made A Financial Statement On Hubbell Incorporated's (NYSE:HUBB) Full-Year Report
Feb 02Why We Like The Returns At Hubbell (NYSE:HUBB)
Jan 07Some Confidence Is Lacking In Hubbell Incorporated's (NYSE:HUBB) P/E
Dec 26Hubbell (NYSE:HUBB) Has A Rock Solid Balance Sheet
Dec 12Hubbell Incorporated: Limited Upside Potential
Dec 03Is There An Opportunity With Hubbell Incorporated's (NYSE:HUBB) 24% Undervaluation?
Nov 30What Is Hubbell Incorporated's (NYSE:HUBB) Share Price Doing?
Nov 18Hubbell: Electrified Operations
Nov 13Hubbell Incorporated: Too Expensive As We Go Into The Q3 Report
Oct 30Hubbell: Fairly Priced, Primed To Outpace Market Expectations
Oct 12If EPS Growth Is Important To You, Hubbell (NYSE:HUBB) Presents An Opportunity
Oct 03Investors Should Be Encouraged By Hubbell's (NYSE:HUBB) Returns On Capital
Sep 21Hubbell (NYSE:HUBB) Seems To Use Debt Rather Sparingly
Sep 09Hubbell Incorporated (NYSE:HUBB) Shares Could Be 21% Below Their Intrinsic Value Estimate
Aug 16Hubbell: Valuation Looks To Be At Extended Levels
Jul 26What Does Hubbell Incorporated's (NYSE:HUBB) Share Price Indicate?
Jul 24Here's Why We Think Hubbell (NYSE:HUBB) Might Deserve Your Attention Today
Jun 30Hubbell (NYSE:HUBB) Shareholders Will Want The ROCE Trajectory To Continue
Jun 05Is Hubbell (NYSE:HUBB) A Risky Investment?
May 12Estimating The Fair Value Of Hubbell Incorporated (NYSE:HUBB)
Apr 30Do Hubbell's (NYSE:HUBB) Earnings Warrant Your Attention?
Mar 20Returns On Capital At Hubbell (NYSE:HUBB) Have Stalled
Feb 21Hubbell: No Longer A Short
Feb 03Hubbell declares $1.12 dividend
Jan 27Hubbell (NYSE:HUBB) Has A Rock Solid Balance Sheet
Jan 25Hubbell Inc.: Shares Aren't Cheap Enough
Jan 17Why Hubbell Incorporated (NYSE:HUBB) Could Be Worth Watching
Jan 13With EPS Growth And More, Hubbell (NYSE:HUBB) Makes An Interesting Case
Dec 17Hubbell (NYSE:HUBB) Has Announced That It Will Be Increasing Its Dividend To $1.12
Nov 23Hubbell (NYSE:HUBB) Has Some Way To Go To Become A Multi-Bagger
Nov 21Hubbell (NYSE:HUBB) Is Increasing Its Dividend To $1.12
Nov 09Hubbell: Still Overvalued Despite The Beat-And-Raise In Q3 2022
Oct 28Hubbell raises quarterly dividend by 6.7% to $1.12/share
Oct 21A Look At The Fair Value Of Hubbell Incorporated (NYSE:HUBB)
Oct 18Hubbell: Valuation To Re-Rate As Growth Slows
Oct 05Is Hubbell (NYSE:HUBB) Using Too Much Debt?
Oct 05What Is Hubbell Incorporated's (NYSE:HUBB) Share Price Doing?
Sep 21Financial Position Analysis
Short Term Liabilities: HUBB's short term assets ($2.2B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: HUBB's short term assets ($2.2B) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: HUBB's net debt to equity ratio (62%) is considered high.
Reducing Debt: HUBB's debt to equity ratio has reduced from 99.7% to 74.1% over the past 5 years.
Debt Coverage: HUBB's debt is well covered by operating cash flow (41.1%).
Interest Coverage: HUBB's interest payments on its debt are well covered by EBIT (28.4x coverage).