Halma Balance Sheet Health
Financial Health criteria checks 5/6
Halma has a total shareholder equity of £1.7B and total debt of £668.2M, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are £2.8B and £1.2B respectively. Halma's EBIT is £343.7M making its interest coverage ratio 14. It has cash and short-term investments of £136.4M.
Key information
40.5%
Debt to equity ratio
UK£668.20m
Debt
Interest coverage ratio | 14x |
Cash | UK£136.40m |
Equity | UK£1.65b |
Total liabilities | UK£1.16b |
Total assets | UK£2.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HALM.Y's short term assets (£866.8M) exceed its short term liabilities (£323.5M).
Long Term Liabilities: HALM.Y's short term assets (£866.8M) exceed its long term liabilities (£834.5M).
Debt to Equity History and Analysis
Debt Level: HALM.Y's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: HALM.Y's debt to equity ratio has increased from 28.1% to 40.5% over the past 5 years.
Debt Coverage: HALM.Y's debt is well covered by operating cash flow (47.4%).
Interest Coverage: HALM.Y's interest payments on its debt are well covered by EBIT (14x coverage).