Hudaco Industries Balance Sheet Health

Financial Health criteria checks 6/6

Hudaco Industries has a total shareholder equity of ZAR3.4B and total debt of ZAR1.4B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are ZAR6.4B and ZAR2.9B respectively. Hudaco Industries's EBIT is ZAR1.0B making its interest coverage ratio 6. It has cash and short-term investments of ZAR174.0M.

Key information

40.7%

Debt to equity ratio

R1.40b

Debt

Interest coverage ratio6x
CashR174.00m
EquityR3.43b
Total liabilitiesR2.94b
Total assetsR6.37b

Recent financial health updates

No updates

Recent updates

Hudaco Industries' (JSE:HDC) Dividend Will Be Increased To ZAR3.25

Jul 03
Hudaco Industries' (JSE:HDC) Dividend Will Be Increased To ZAR3.25

Financial Position Analysis

Short Term Liabilities: HDC's short term assets (ZAR4.2B) exceed its short term liabilities (ZAR1.4B).

Long Term Liabilities: HDC's short term assets (ZAR4.2B) exceed its long term liabilities (ZAR1.6B).


Debt to Equity History and Analysis

Debt Level: HDC's net debt to equity ratio (35.6%) is considered satisfactory.

Reducing Debt: HDC's debt to equity ratio has reduced from 54.6% to 40.7% over the past 5 years.

Debt Coverage: HDC's debt is well covered by operating cash flow (72.4%).

Interest Coverage: HDC's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


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