Hyster-Yale Materials Handling Balance Sheet Health
Financial Health criteria checks 4/6
Hyster-Yale Materials Handling has a total shareholder equity of $406.8M and total debt of $466.7M, which brings its debt-to-equity ratio to 114.7%. Its total assets and total liabilities are $2.1B and $1.7B respectively. Hyster-Yale Materials Handling's EBIT is $205.9M making its interest coverage ratio 5.5. It has cash and short-term investments of $84.4M.
Key information
114.7%
Debt to equity ratio
US$466.70m
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$84.40m |
| Equity | US$406.80m |
| Total liabilities | US$1.67b |
| Total assets | US$2.08b |
Recent financial health updates
Here's Why Hyster-Yale Materials Handling (NYSE:HY) Has A Meaningful Debt Burden
Apr 09
We Think Hyster-Yale Materials Handling (NYSE:HY) Is Taking Some Risk With Its Debt
Oct 19Is Hyster-Yale Materials Handling (NYSE:HY) A Risky Investment?
Jun 30Does Hyster-Yale Materials Handling (NYSE:HY) Have A Healthy Balance Sheet?
Jun 17Is Hyster-Yale Materials Handling (NYSE:HY) Weighed On By Its Debt Load?
Feb 23Health Check: How Prudently Does Hyster-Yale Materials Handling (NYSE:HY) Use Debt?
Nov 04Recent updates
Here's Why Hyster-Yale Materials Handling (NYSE:HY) Has A Meaningful Debt Burden
Apr 09Hyster-Yale Materials Handling (NYSE:HY) Could Become A Multi-Bagger
Mar 20Is It Too Late To Consider Buying Hyster-Yale Materials Handling, Inc. (NYSE:HY)?
Jan 23Hyster-Yale Remains A Buy Despite Soaring 55% Over The Last 2 Months
Jan 04A Piece Of The Puzzle Missing From Hyster-Yale Materials Handling, Inc.'s (NYSE:HY) 30% Share Price Climb
Dec 27We Like Hyster-Yale Materials Handling's (NYSE:HY) Returns And Here's How They're Trending
Dec 14We Think Hyster-Yale Materials Handling (NYSE:HY) Is Taking Some Risk With Its Debt
Oct 19Hyster-Yale Materials: Rally Fully Extended, Economic Value Absent At Current Numbers
Sep 27Why Hyster-Yale Materials Handling, Inc. (NYSE:HY) Could Be Worth Watching
Aug 18Is Hyster-Yale Materials Handling (NYSE:HY) A Risky Investment?
Jun 30Hyster-Yale Materials Handling's (NYSE:HY) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 01Hyster-Yale Materials Handling (NYSE:HY) Will Pay A Larger Dividend Than Last Year At $0.325
May 13Calculating The Intrinsic Value Of Hyster-Yale Materials Handling, Inc. (NYSE:HY)
May 05Hyster-Yale Materials Handling's (NYSE:HY) Dividend Will Be $0.3225
Feb 18Hyster-Yale Materials Handling (NYSE:HY) Is Paying Out A Dividend Of $0.3225
Nov 19Hyster-Yale Materials Handling declares $0.3225 dividend
Nov 15Hyster-Yale Materials Handling GAAP EPS of -$2.20 misses by $0.12, revenue of $840.1M beats by $5.85M
Nov 01Hyster-Yale Materials Handling: The Picture Continues To Worsen
Sep 29Hyster-Yale Materials Handling (NYSE:HY) Will Pay A Dividend Of $0.3225
Aug 30Hyster-Yale Materials announces CFO succession plan
Aug 11Hyster-Yale Materials Handling GAAP EPS of -$1.15 beats by $0.70, revenue of $895.4M beats by $78.73M
Aug 02Does Hyster-Yale Materials Handling (NYSE:HY) Have A Healthy Balance Sheet?
Jun 17An Intrinsic Calculation For Hyster-Yale Materials Handling, Inc. (NYSE:HY) Suggests It's 32% Undervalued
Mar 22Hyster-Yale Materials Handling (NYSE:HY) Has Affirmed Its Dividend Of US$0.32
Feb 28Is Hyster-Yale Materials Handling (NYSE:HY) Weighed On By Its Debt Load?
Feb 23Hyster-Yale Materials Handling (NYSE:HY) Is Paying Out A Larger Dividend Than Last Year
Nov 21Health Check: How Prudently Does Hyster-Yale Materials Handling (NYSE:HY) Use Debt?
Nov 04Hyster-Yale: An Attractive Contrarian Investment With Major Supply Chain Problems
Oct 06Hyster-Yale Materials Handling (NYSE:HY) Will Pay A Larger Dividend Than Last Year At US$0.32
Aug 15Hyster-Yale Materials Handling (NYSE:HY) Will Be Hoping To Turn Its Returns On Capital Around
Jul 30Financial Position Analysis
Short Term Liabilities: HY's short term assets ($1.5B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: HY's short term assets ($1.5B) exceed its long term liabilities ($453.7M).
Debt to Equity History and Analysis
Debt Level: HY's net debt to equity ratio (94%) is considered high.
Reducing Debt: HY's debt to equity ratio has increased from 50.8% to 114.7% over the past 5 years.
Debt Coverage: HY's debt is well covered by operating cash flow (32.3%).
Interest Coverage: HY's interest payments on its debt are well covered by EBIT (5.5x coverage).