HireRight Holdings Balance Sheet Health
Financial Health criteria checks 1/6
HireRight Holdings has a total shareholder equity of $467.1M and total debt of $731.0M, which brings its debt-to-equity ratio to 156.5%. Its total assets and total liabilities are $1.5B and $1.0B respectively. HireRight Holdings's EBIT is $86.1M making its interest coverage ratio 1.2. It has cash and short-term investments of $77.3M.
Key information
156.5%
Debt to equity ratio
US$730.96m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$77.29m |
| Equity | US$467.14m |
| Total liabilities | US$1.04b |
| Total assets | US$1.50b |
Recent financial health updates
No updates
Recent updates
Investors Will Want HireRight Holdings' (NYSE:HRT) Growth In ROCE To Persist
Feb 17
Subdued Growth No Barrier To HireRight Holdings Corporation (NYSE:HRT) With Shares Advancing 37%
Nov 24HireRight Holdings: Navigating Inflationary Pressures And Facing An Uncertain Horizon
Oct 23Tech Hiring Could Improve For HireRight But Other Sectors May Decline (Downgrade)
Sep 14Investors Will Want HireRight Holdings' (NYSE:HRT) Growth In ROCE To Persist
Sep 07HireRight Holdings: Not The Right Stock Yet (Rating Downgrade)
Jul 14Investors Will Want HireRight Holdings' (NYSE:HRT) Growth In ROCE To Persist
Mar 10HireRight Holdings: Solid Execution And Improving Margins
Jan 21HireRight Holdings Stock: A First Take
Dec 28HireRight Battles With Labor Market Slowdown
Nov 11HireRight Holdings' (NYSE:HRT) Solid Profits Have Weak Fundamentals
Nov 11Things Look Grim For HireRight Holdings Corporation (NYSE:HRT) After Today's Downgrade
Nov 09HireRight: Making The Right Moves
Oct 19Analysts Have Been Trimming Their HireRight Holdings Corporation (NYSE:HRT) Price Target After Its Latest Report
Mar 23HireRight Holdings: The IPO Looks Alright
Nov 07Financial Position Analysis
Short Term Liabilities: HRT's short term assets ($229.8M) exceed its short term liabilities ($130.7M).
Long Term Liabilities: HRT's short term assets ($229.8M) do not cover its long term liabilities ($907.0M).
Debt to Equity History and Analysis
Debt Level: HRT's net debt to equity ratio (139.9%) is considered high.
Reducing Debt: Insufficient data to determine if HRT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HRT's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: HRT's interest payments on its debt are not well covered by EBIT (1.2x coverage).