HomeChoice International Balance Sheet Health
Financial Health criteria checks 3/6
HomeChoice International has a total shareholder equity of ZAR3.6B and total debt of ZAR2.0B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are ZAR6.1B and ZAR2.4B respectively. HomeChoice International's EBIT is ZAR412.0M making its interest coverage ratio 14.2. It has cash and short-term investments of ZAR137.0M.
Key information
54.9%
Debt to equity ratio
R2.00b
Debt
| Interest coverage ratio | 14.2x |
| Cash | R137.00m |
| Equity | R3.64b |
| Total liabilities | R2.43b |
| Total assets | R6.07b |
Recent financial health updates
We Think HomeChoice International (JSE:HIL) Is Taking Some Risk With Its Debt
Oct 19
Is HomeChoice International (JSE:HIL) Using Too Much Debt?
Jun 16Does HomeChoice International (JSE:HIL) Have A Healthy Balance Sheet?
May 05HomeChoice International (JSE:HIL) Seems To Use Debt Quite Sensibly
Nov 30Recent updates
Returns On Capital At HomeChoice International (JSE:HIL) Paint A Concerning Picture
Apr 17HomeChoice International's (JSE:HIL) Dividend Will Be Increased To ZAR0.83
Mar 15Getting In Cheap On HomeChoice International plc (JSE:HIL) Is Unlikely
Jan 22Investors Could Be Concerned With HomeChoice International's (JSE:HIL) Returns On Capital
Dec 18We Think HomeChoice International (JSE:HIL) Is Taking Some Risk With Its Debt
Oct 19HomeChoice International (JSE:HIL) Will Pay A Larger Dividend Than Last Year At ZAR0.70
Sep 03HomeChoice International (JSE:HIL) Is Increasing Its Dividend To ZAR0.70
Aug 20The Returns On Capital At HomeChoice International (JSE:HIL) Don't Inspire Confidence
Apr 06Is HomeChoice International (JSE:HIL) Using Too Much Debt?
Jun 16HomeChoice International's (JSE:HIL) Returns On Capital Not Reflecting Well On The Business
Dec 15There May Be Reason For Hope In HomeChoice International's (JSE:HIL) Disappointing Earnings
Aug 24HomeChoice International (JSE:HIL) Might Be Having Difficulty Using Its Capital Effectively
May 31Does HomeChoice International (JSE:HIL) Have A Healthy Balance Sheet?
May 05HomeChoice International plc's (JSE:HIL) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?
Feb 19
How Much Did HomeChoice International's(JSE:HIL) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 19What Do The Returns On Capital At HomeChoice International (JSE:HIL) Tell Us?
Dec 22HomeChoice International (JSE:HIL) Seems To Use Debt Quite Sensibly
Nov 30Financial Position Analysis
Short Term Liabilities: HIL's short term assets (ZAR5.2B) exceed its short term liabilities (ZAR467.0M).
Long Term Liabilities: HIL's short term assets (ZAR5.2B) exceed its long term liabilities (ZAR2.0B).
Debt to Equity History and Analysis
Debt Level: HIL's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: HIL's debt to equity ratio has increased from 31.6% to 54.9% over the past 5 years.
Debt Coverage: HIL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HIL's interest payments on its debt are well covered by EBIT (14.2x coverage).