Hays Balance Sheet Health
Financial Health criteria checks 5/6
Hays has a total shareholder equity of £670.3M and total debt of £10.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are £1.9B and £1.2B respectively. Hays's EBIT is £198.0M making its interest coverage ratio 33.6. It has cash and short-term investments of £145.6M.
Key information
1.5%
Debt to equity ratio
UK£10.00m
Debt
Interest coverage ratio | 33.6x |
Cash | UK£145.60m |
Equity | UK£670.30m |
Total liabilities | UK£1.23b |
Total assets | UK£1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAYP.F's short term assets (£1.4B) exceed its short term liabilities (£1.1B).
Long Term Liabilities: HAYP.F's short term assets (£1.4B) exceed its long term liabilities (£174.1M).
Debt to Equity History and Analysis
Debt Level: HAYP.F has more cash than its total debt.
Reducing Debt: HAYP.F's debt to equity ratio has increased from 0% to 1.5% over the past 5 years.
Debt Coverage: HAYP.F's debt is well covered by operating cash flow (1657%).
Interest Coverage: HAYP.F's interest payments on its debt are well covered by EBIT (33.6x coverage).