Hargreaves Services Balance Sheet Health
Financial Health criteria checks 6/6
Hargreaves Services has a total shareholder equity of £201.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £305.8M and £104.8M respectively. Hargreaves Services's EBIT is £7.4M making its interest coverage ratio 6.4. It has cash and short-term investments of £21.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 6.4x |
Cash | UK£21.86m |
Equity | UK£200.99m |
Total liabilities | UK£104.84m |
Total assets | UK£305.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HGRV.F's short term assets (£137.9M) exceed its short term liabilities (£73.6M).
Long Term Liabilities: HGRV.F's short term assets (£137.9M) exceed its long term liabilities (£31.3M).
Debt to Equity History and Analysis
Debt Level: HGRV.F is debt free.
Reducing Debt: HGRV.F has no debt compared to 5 years ago when its debt to equity ratio was 28.8%.
Debt Coverage: HGRV.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HGRV.F has no debt, therefore coverage of interest payments is not a concern.