HLNHaleon plc
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and steady price behavior.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -25% · now 16% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can HLN take a bad year?
Haleon plc carries $6.86B of net debt at 2.48× EBITDA: a load its earnings can carry.
Net debt · as at FY2025 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.48×
Net debt / EBITDA · 2.63× a year ago · the load is coming down
- Interest cover
- 7.09×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 23%
Annualised volatility · about as steady as the market itself
Details›
- Total debtFY2025
- $8.61B
- Cash and short-term investments
- $1.75B
- Net debt
- $6.86B
- EBITDA, trailing twelve months
- $2.77B
- Operating profit, trailing twelve months
- $2.41B
- Debt / equity
- 0.52×
- Total debt / EBITDA
- 3.11×
- Annualised volatilitytwo years of daily moves
- 23%
- Worst drawdown on file
- −25%
- Below its 52-week high
- 16%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Drug Manufacturers, Specialty & Generic
Ranks #12 of 41 by RyuScore