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 ratio | 6x |
| Cash | R174.00m |
| Equity | R3.43b |
| Total liabilities | R2.94b |
| Total assets | R6.37b |
Recent financial health updates
No updates
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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 08:39 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/05/31 |
| Annual Earnings | 2023/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hudaco Industries Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hugan Chetty | Afrifocus Securities (Pty) Ltd. |
| Mpho Mokotso | Avior Capital Markets |
| Rowan Goeller | Chronux Research |