Hill & Smith Balance Sheet Health
Financial Health criteria checks 6/6
Hill & Smith has a total shareholder equity of £458.9M and total debt of £107.2M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are £772.5M and £313.6M respectively. Hill & Smith's EBIT is £119.5M making its interest coverage ratio 12.3. It has cash and short-term investments of £55.8M.
Key information
23.4%
Debt to equity ratio
UK£107.20m
Debt
| Interest coverage ratio | 12.3x |
| Cash | UK£55.80m |
| Equity | UK£458.90m |
| Total liabilities | UK£313.60m |
| Total assets | UK£772.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HSHP.F's short term assets (£326.2M) exceed its short term liabilities (£148.6M).
Long Term Liabilities: HSHP.F's short term assets (£326.2M) exceed its long term liabilities (£165.0M).
Debt to Equity History and Analysis
Debt Level: HSHP.F's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: HSHP.F's debt to equity ratio has reduced from 62.9% to 23.4% over the past 5 years.
Debt Coverage: HSHP.F's debt is well covered by operating cash flow (124.3%).
Interest Coverage: HSHP.F's interest payments on its debt are well covered by EBIT (12.3x coverage).