Hera Balance Sheet Health
Financial Health criteria checks 4/6
Hera has a total shareholder equity of €3.6B and total debt of €5.4B, which brings its debt-to-equity ratio to 152%. Its total assets and total liabilities are €14.0B and €10.5B respectively. Hera's EBIT is €843.2M making its interest coverage ratio 8.2. It has cash and short-term investments of €1.1B.
Key information
152.0%
Debt to equity ratio
€5.44b
Debt
| Interest coverage ratio | 8.2x |
| Cash | €1.12b |
| Equity | €3.58b |
| Total liabilities | €10.46b |
| Total assets | €14.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRAS.F's short term assets (€5.8B) exceed its short term liabilities (€5.0B).
Long Term Liabilities: HRAS.F's short term assets (€5.8B) exceed its long term liabilities (€5.5B).
Debt to Equity History and Analysis
Debt Level: HRAS.F's net debt to equity ratio (120.7%) is considered high.
Reducing Debt: HRAS.F's debt to equity ratio has increased from 120.9% to 152% over the past 5 years.
Debt Coverage: HRAS.F's debt is well covered by operating cash flow (25.1%).
Interest Coverage: HRAS.F's interest payments on its debt are well covered by EBIT (8.2x coverage).