Halma Balance Sheet Health
Financial Health criteria checks 5/6
Halma has a total shareholder equity of £1.7B and total debt of £731.2M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are £3.0B and £1.3B respectively. Halma's EBIT is £405.2M making its interest coverage ratio 13.4. It has cash and short-term investments of £180.2M.
Key information
42.0%
Debt to equity ratio
UK£731.20m
Debt
| Interest coverage ratio | 13.4x |
| Cash | UK£180.20m |
| Equity | UK£1.74b |
| Total liabilities | UK£1.26b |
| Total assets | UK£3.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HALM.Y's short term assets (£937.2M) exceed its short term liabilities (£344.9M).
Long Term Liabilities: HALM.Y's short term assets (£937.2M) exceed its long term liabilities (£913.1M).
Debt to Equity History and Analysis
Debt Level: HALM.Y's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: HALM.Y's debt to equity ratio has increased from 31.5% to 42% over the past 5 years.
Debt Coverage: HALM.Y's debt is well covered by operating cash flow (57.5%).
Interest Coverage: HALM.Y's interest payments on its debt are well covered by EBIT (13.4x coverage).