Hubbell Balance Sheet Health
Financial Health criteria checks 5/6
Hubbell has a total shareholder equity of $3.2B and total debt of $1.9B, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are $6.9B and $3.7B respectively. Hubbell's EBIT is $1.1B making its interest coverage ratio 15.4. It has cash and short-term investments of $445.6M.
Key information
59.8%
Debt to equity ratio
US$1.93b
Debt
| Interest coverage ratio | 15.4x |
| Cash | US$445.60m |
| Equity | US$3.23b |
| Total liabilities | US$3.71b |
| Total assets | US$6.94b |
Recent financial health updates
Hubbell (NYSE:HUBB) Has A Rock Solid Balance Sheet
Jul 15
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 12Recent updates
Is Hubbell Incorporated (NYSE:HUBB) Potentially Undervalued?
Nov 12Hubbell (NYSE:HUBB) Is Increasing Its Dividend To $1.32
Oct 31We Like These Underlying Return On Capital Trends At Hubbell (NYSE:HUBB)
Sep 30If EPS Growth Is Important To You, Hubbell (NYSE:HUBB) Presents An Opportunity
Sep 18Hubbell: Winning The Electricity Mega-Trends
Sep 07Calculating The Intrinsic Value Of Hubbell Incorporated (NYSE:HUBB)
Sep 06Hubbell Incorporated's (NYSE:HUBB) Business Is Yet to Catch Up With Its Share Price
Aug 14Hubbell: Confident In Its Own Growth Trajectory
Aug 09Hubbell Incorporated (NYSE:HUBB) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Aug 01Is It Time To Consider Buying Hubbell Incorporated (NYSE:HUBB)?
Jul 29Hubbell (NYSE:HUBB) Has A Rock Solid Balance Sheet
Jul 15Estimating The Fair Value Of Hubbell Incorporated (NYSE:HUBB)
Jun 07Hubbell (NYSE:HUBB) Is Experiencing Growth In Returns On Capital
May 25Hubbell's Acquisitions And Restructuring Efforts Could Enhance FCF Growth
May 01There's Reason For Concern Over Hubbell Incorporated's (NYSE:HUBB) Price
Apr 17Here's Why We Think Hubbell (NYSE:HUBB) Might Deserve Your Attention Today
Apr 02Does 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 12Financial Position Analysis
Short Term Liabilities: HUBB's short term assets ($2.3B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: HUBB's short term assets ($2.3B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: HUBB's net debt to equity ratio (46%) is considered high.
Reducing Debt: HUBB's debt to equity ratio has reduced from 91.4% to 59.8% over the past 5 years.
Debt Coverage: HUBB's debt is well covered by operating cash flow (46.8%).
Interest Coverage: HUBB's interest payments on its debt are well covered by EBIT (15.4x coverage).