Haynes International Balance Sheet Health
Financial Health criteria checks 4/6
Haynes International has a total shareholder equity of $442.1M and total debt of $109.5M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are $700.7M and $258.6M respectively. Haynes International's EBIT is $59.6M making its interest coverage ratio 7.2. It has cash and short-term investments of $14.0M.
Key information
24.8%
Debt to equity ratio
US$109.46m
Debt
| Interest coverage ratio | 7.2x |
| Cash | US$14.02m |
| Equity | US$442.06m |
| Total liabilities | US$258.63m |
| Total assets | US$700.68m |
Recent financial health updates
Here's Why Haynes International (NASDAQ:HAYN) Can Manage Its Debt Responsibly
Nov 04
Is Haynes International (NASDAQ:HAYN) Using Too Much Debt?
Sep 02We Think Haynes International (NASDAQ:HAYN) Is Taking Some Risk With Its Debt
Apr 02Recent updates
Haynes International (NASDAQ:HAYN) Is Due To Pay A Dividend Of $0.22
Nov 23Here's Why Haynes International (NASDAQ:HAYN) Can Manage Its Debt Responsibly
Nov 04There's Been No Shortage Of Growth Recently For Haynes International's (NASDAQ:HAYN) Returns On Capital
Jun 07Haynes International (NASDAQ:HAYN) Will Pay A Dividend Of $0.22
May 09Here's Why Haynes International (NASDAQ:HAYN) Has Caught The Eye Of Investors
Mar 03It Looks Like Shareholders Would Probably Approve Haynes International, Inc.'s (NASDAQ:HAYN) CEO Compensation Package
Feb 16Haynes International (NASDAQ:HAYN) Will Pay A Dividend Of $0.22
Feb 07Is Haynes International (NASDAQ:HAYN) Using Too Much Debt?
Sep 02We Like These Underlying Return On Capital Trends At Haynes International (NASDAQ:HAYN)
Aug 01Haynes GAAP EPS of $1.24 beats by $0.49, revenue of $130.2M beats by $5.03M
Jul 28Haynes International's (NASDAQ:HAYN) Earnings Are Of Questionable Quality
May 06The Return Trends At Haynes International (NASDAQ:HAYN) Look Promising
Apr 30We Think Haynes International (NASDAQ:HAYN) Is Taking Some Risk With Its Debt
Apr 02Here's Why Shareholders May Want To Be Cautious With Increasing Haynes International, Inc.'s (NASDAQ:HAYN) CEO Pay Packet
Feb 16Haynes International's (NASDAQ:HAYN) Dividend Will Be US$0.22
Nov 23Haynes International (NASDAQ:HAYN) Has Announced A Dividend Of US$0.22
Aug 05Financial Position Analysis
Short Term Liabilities: HAYN's short term assets ($533.3M) exceed its short term liabilities ($70.0M).
Long Term Liabilities: HAYN's short term assets ($533.3M) exceed its long term liabilities ($188.6M).
Debt to Equity History and Analysis
Debt Level: HAYN's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: HAYN's debt to equity ratio has increased from 0% to 24.8% over the past 5 years.
Debt Coverage: HAYN's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: HAYN's interest payments on its debt are well covered by EBIT (7.2x coverage).