Heritage-Crystal Clean Balance Sheet Health
Financial Health criteria checks 4/6
Heritage-Crystal Clean has a total shareholder equity of $455.9M and total debt of $84.5M, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are $812.8M and $356.9M respectively. Heritage-Crystal Clean's EBIT is $97.7M making its interest coverage ratio 15. It has cash and short-term investments of $33.1M.
Key information
18.5%
Debt to equity ratio
US$84.48m
Debt
| Interest coverage ratio | 15x |
| Cash | US$33.10m |
| Equity | US$455.90m |
| Total liabilities | US$356.89m |
| Total assets | US$812.79m |
Recent financial health updates
These 4 Measures Indicate That Heritage-Crystal Clean (NASDAQ:HCCI) Is Using Debt Safely
Dec 21
Does Heritage-Crystal Clean (NASDAQ:HCCI) Have A Healthy Balance Sheet?
Mar 22Here's Why Heritage-Crystal Clean (NASDAQ:HCCI) Can Manage Its Debt Responsibly
Dec 09Recent updates
Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Shares Could Be 31% Below Their Intrinsic Value Estimate
Jul 04Heritage-Crystal Clean (NASDAQ:HCCI) Shareholders Will Want The ROCE Trajectory To Continue
May 09Should You Investigate Heritage-Crystal Clean, Inc (NASDAQ:HCCI) At US$35.96?
Feb 24These 4 Measures Indicate That Heritage-Crystal Clean (NASDAQ:HCCI) Is Using Debt Safely
Dec 21Calculating The Intrinsic Value Of Heritage-Crystal Clean, Inc (NASDAQ:HCCI)
Nov 24Heritage-Crystal Clean Non-GAAP EPS of $1.01 beats by $0.21, revenue of $172.22M beats by $17.23M
Oct 19Is There Now An Opportunity In Heritage-Crystal Clean, Inc (NASDAQ:HCCI)?
Oct 19Is Now The Time To Put Heritage-Crystal Clean (NASDAQ:HCCI) On Your Watchlist?
Aug 18Mittleman - Heritage-Crystal Clean: Great Track Record, Not Enough Credit
Aug 12Returns On Capital Are Showing Encouraging Signs At Heritage-Crystal Clean (NASDAQ:HCCI)
Jul 21Heritage-Crystal Clean: Not A Bad Prospect Despite Its Issues
Jun 27Heritage-Crystal Clean: Upside Exists But The Easy Money Has Been Made
Apr 13Heritage-Crystal Clean: Undervalued And Yet Still Outperforming Its Peers
Jan 11Heritage-Crystal Clean's (NASDAQ:HCCI) Returns On Capital Are Heading Higher
Dec 28Is Now The Time To Put Heritage-Crystal Clean (NASDAQ:HCCI) On Your Watchlist?
Dec 01An Intrinsic Calculation For Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Suggests It's 34% Undervalued
Oct 19At US$30.00, Is It Time To Put Heritage-Crystal Clean, Inc (NASDAQ:HCCI) On Your Watch List?
Sep 28Heritage-Crystal Clean (NASDAQ:HCCI) May Have Issues Allocating Its Capital
Jun 04Heritage-Crystal Clean: Industry Compliance Driving Growth
May 31Heritage-Crystal Clean EPS beats by $0.20, beats on revenue
May 04A Look At The Fair Value Of Heritage-Crystal Clean, Inc (NASDAQ:HCCI)
Apr 06Does Heritage-Crystal Clean (NASDAQ:HCCI) Have A Healthy Balance Sheet?
Mar 22Why Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Could Be Worth Watching
Mar 07Can You Imagine How Jubilant Heritage-Crystal Clean's (NASDAQ:HCCI) Shareholders Feel About Its 197% Share Price Gain?
Feb 05
Heritage-Crystal Clean, Inc's (NASDAQ:HCCI) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jan 21An Intrinsic Calculation For Heritage-Crystal Clean, Inc (NASDAQ:HCCI) Suggests It's 20% Undervalued
Jan 06Does Heritage-Crystal Clean's (NASDAQ:HCCI) CEO Salary Compare Well With Industry Peers?
Dec 22Here's Why Heritage-Crystal Clean (NASDAQ:HCCI) Can Manage Its Debt Responsibly
Dec 09At US$21.11, Is It Time To Put Heritage-Crystal Clean, Inc (NASDAQ:HCCI) On Your Watch List?
Nov 26Financial Position Analysis
Short Term Liabilities: HCCI's short term assets ($199.5M) exceed its short term liabilities ($107.5M).
Long Term Liabilities: HCCI's short term assets ($199.5M) do not cover its long term liabilities ($249.4M).
Debt to Equity History and Analysis
Debt Level: HCCI's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: HCCI's debt to equity ratio has increased from 11.9% to 18.5% over the past 5 years.
Debt Coverage: HCCI's debt is well covered by operating cash flow (118.7%).
Interest Coverage: HCCI's interest payments on its debt are well covered by EBIT (15x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/18 08:10 |
| End of Day Share Price | 2023/10/16 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Heritage-Crystal Clean, Inc is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Manthey | Baird |
| Alexander Paris | Barrington Research Associates, Inc. |
| Kevin Steinke | Barrington Research Associates, Inc. |