Hays Balance Sheet Health
Financial Health criteria checks 5/6
Hays has a total shareholder equity of £609.2M and total debt of £85.0M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are £1.8B and £1.2B respectively. Hays's EBIT is £159.9M making its interest coverage ratio 25.4. It has cash and short-term investments of £151.9M.
Key information
14.0%
Debt to equity ratio
UK£85.00m
Debt
Interest coverage ratio | 25.4x |
Cash | UK£151.90m |
Equity | UK£609.20m |
Total liabilities | UK£1.17b |
Total assets | UK£1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAYP.Y's short term assets (£1.3B) exceed its short term liabilities (£924.7M).
Long Term Liabilities: HAYP.Y's short term assets (£1.3B) exceed its long term liabilities (£246.2M).
Debt to Equity History and Analysis
Debt Level: HAYP.Y has more cash than its total debt.
Reducing Debt: HAYP.Y's debt to equity ratio has increased from 13.4% to 14% over the past 5 years.
Debt Coverage: HAYP.Y's debt is well covered by operating cash flow (195.1%).
Interest Coverage: HAYP.Y's interest payments on its debt are well covered by EBIT (25.4x coverage).