Hudaco Industries Financial Health

Short Term Liabilities: HDC's short term assets (ZAR3.9B) exceed its short term liabilities (ZAR1.6B).

Long Term Liabilities: HDC's short term assets (ZAR3.9B) exceed its long term liabilities (ZAR1.1B).

Debt Level: HDC's net debt to equity ratio (19.8%) is considered satisfactory.

Reducing Debt: HDC's debt to equity ratio has reduced from 53.6% to 26.8% over the past 5 years.

Debt Coverage: HDC's debt is well covered by operating cash flow (74.4%).

Interest Coverage: HDC's interest payments on its debt are well covered by EBIT (11.4x coverage).

• Healthy companies in the Capital Goods industry.