Hunting Balance Sheet Health
Financial Health criteria checks 5/6
Hunting has a total shareholder equity of $957.1M and total debt of $50.2M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are $1.2B and $265.2M respectively. Hunting's EBIT is $59.9M making its interest coverage ratio 9.5. It has cash and short-term investments of $45.5M.
Key information
5.2%
Debt to equity ratio
US$50.20m
Debt
Interest coverage ratio | 9.5x |
Cash | US$45.50m |
Equity | US$957.10m |
Total liabilities | US$265.20m |
Total assets | US$1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HNTI.Y's short term assets ($626.6M) exceed its short term liabilities ($225.8M).
Long Term Liabilities: HNTI.Y's short term assets ($626.6M) exceed its long term liabilities ($39.4M).
Debt to Equity History and Analysis
Debt Level: HNTI.Y's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: HNTI.Y's debt to equity ratio has increased from 0.6% to 5.2% over the past 5 years.
Debt Coverage: HNTI.Y's debt is well covered by operating cash flow (98.2%).
Interest Coverage: HNTI.Y's interest payments on its debt are well covered by EBIT (9.5x coverage).