This company has been acquired
Haynes International Balance Sheet Health
Financial Health criteria checks 5/6
Haynes International has a total shareholder equity of $452.2M and total debt of $90.6M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are $685.8M and $233.6M respectively. Haynes International's EBIT is $53.8M making its interest coverage ratio 6.8. It has cash and short-term investments of $11.8M.
Key information
20.0%
Debt to equity ratio
US$90.63m
Debt
| Interest coverage ratio | 6.8x |
| Cash | US$11.77m |
| Equity | US$452.20m |
| Total liabilities | US$233.56m |
| Total assets | US$685.76m |
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 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 01Financial Position Analysis
Short Term Liabilities: HAYN's short term assets ($513.9M) exceed its short term liabilities ($66.4M).
Long Term Liabilities: HAYN's short term assets ($513.9M) exceed its long term liabilities ($167.2M).
Debt to Equity History and Analysis
Debt Level: HAYN's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: HAYN's debt to equity ratio has increased from 0% to 20% over the past 5 years.
Debt Coverage: HAYN's debt is well covered by operating cash flow (46.2%).
Interest Coverage: HAYN's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/22 09:57 |
| End of Day Share Price | 2024/11/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Haynes International, Inc. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Whalen | Capstone Investments |
| Julie Yates Stewart | Credit Suisse |
| Robert Goodman | CRT Capital Group |