Hudaco Industries Financial Health
How is Hudaco Industries's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
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 to Equity History and Analysis
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).