Hansen Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Hansen Technologies has a total shareholder equity of A$337.1M and total debt of A$70.2M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are A$566.8M and A$229.7M respectively. Hansen Technologies's EBIT is A$42.4M making its interest coverage ratio 9.3. It has cash and short-term investments of A$46.0M.
Key information
20.8%
Debt to equity ratio
AU$70.22m
Debt
| Interest coverage ratio | 9.3x |
| Cash | AU$46.02m |
| Equity | AU$337.15m |
| Total liabilities | AU$229.69m |
| Total assets | AU$566.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HANO.F's short term assets (A$153.0M) exceed its short term liabilities (A$109.2M).
Long Term Liabilities: HANO.F's short term assets (A$153.0M) exceed its long term liabilities (A$120.5M).
Debt to Equity History and Analysis
Debt Level: HANO.F's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: HANO.F's debt to equity ratio has reduced from 74.7% to 20.8% over the past 5 years.
Debt Coverage: HANO.F's debt is well covered by operating cash flow (84.2%).
Interest Coverage: HANO.F's interest payments on its debt are well covered by EBIT (9.3x coverage).