Helios Underwriting Balance Sheet Health
Financial Health criteria checks 5/6
Helios Underwriting has a total shareholder equity of £140.6M and total debt of £59.5M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are £1.0B and £881.1M respectively. Helios Underwriting's EBIT is £24.7M making its interest coverage ratio 14.4. It has cash and short-term investments of £393.0M.
Key information
42.3%
Debt to equity ratio
UK£59.52m
Debt
| Interest coverage ratio | 14.4x |
| Cash | UK£392.98m |
| Equity | UK£140.55m |
| Total liabilities | UK£881.08m |
| Total assets | UK£1.02b |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: HUWW.F's short term assets (£900.0M) exceed its short term liabilities (£858.2M).
Long Term Liabilities: HUWW.F's short term assets (£900.0M) exceed its long term liabilities (£22.9M).
Debt to Equity History and Analysis
Debt Level: HUWW.F has more cash than its total debt.
Reducing Debt: HUWW.F's debt to equity ratio has increased from 4.9% to 42.3% over the past 5 years.
Debt Coverage: HUWW.F's debt is well covered by operating cash flow (88.1%).
Interest Coverage: HUWW.F's interest payments on its debt are well covered by EBIT (14.4x coverage).