HarbourVest Global Private Equity Balance Sheet Health
Financial Health criteria checks 4/6
HarbourVest Global Private Equity has a total shareholder equity of $3.9B and total debt of $200.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are $4.1B and $206.1M respectively. HarbourVest Global Private Equity's EBIT is $159.8M making its interest coverage ratio 37.8. It has cash and short-term investments of $221.4M.
Key information
5.1%
Debt to equity ratio
US$200.00m
Debt
Interest coverage ratio | 37.8x |
Cash | US$221.40m |
Equity | US$3.93b |
Total liabilities | US$206.08m |
Total assets | US$4.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HVPQ.F's short term assets ($221.6M) exceed its short term liabilities ($206.1M).
Long Term Liabilities: HVPQ.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HVPQ.F has more cash than its total debt.
Reducing Debt: HVPQ.F's debt to equity ratio has increased from 0% to 5.1% over the past 5 years.
Debt Coverage: HVPQ.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HVPQ.F's interest payments on its debt are well covered by EBIT (37.8x coverage).