Horizon Group Properties Balance Sheet Health
Financial Health criteria checks 4/6
Horizon Group Properties has a total shareholder equity of $93.7M and total debt of $22.6M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are $126.6M and $32.9M respectively. Horizon Group Properties's EBIT is $8.6M making its interest coverage ratio 28.8. It has cash and short-term investments of $2.2M.
Key information
24.2%
Debt to equity ratio
US$22.63m
Debt
| Interest coverage ratio | 28.8x |
| Cash | US$2.18m |
| Equity | US$93.71m |
| Total liabilities | US$32.90m |
| Total assets | US$126.61m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HGPI's short term assets ($6.8M) do not cover its short term liabilities ($10.1M).
Long Term Liabilities: HGPI's short term assets ($6.8M) do not cover its long term liabilities ($22.8M).
Debt to Equity History and Analysis
Debt Level: HGPI's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: HGPI's debt to equity ratio has reduced from 63.8% to 24.2% over the past 5 years.
Debt Coverage: HGPI's debt is well covered by operating cash flow (24.9%).
Interest Coverage: HGPI's interest payments on its debt are well covered by EBIT (28.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:22 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
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
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Analyst Sources
Horizon Group Properties, Inc. is covered by 0 analysts. 0 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 |
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