Helen of Troy Limited (HELE) Balance Sheet
HELE balance sheet, FY2026
February 28, 2026 · U.S. dollars$2.12B assets = $1.32B liabilities + $798.2M equity
Both columns are drawn to the same scale: what HELE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HELE financial health
Descriptive bands, not a rating. Fiscal FY2026.
HELE balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.81BFY2017 | $2.12BFY2026 | +1.7%/yr | |
| Total liabilities | $792.3MFY2017 | $1.32BFY2026 | +5.8%/yr | |
| Shareholders’ equity | $1.02BFY2017 | $798.2MFY2026 | −2.7%/yr | |
| Cash & short-term investments | $23.1MFY2017 | $18.9MFY2026 | −2.2%/yr | |
| Total debt | $485.6MFY2017 | $833.7MFY2026 | +6.2%/yr | |
| Net cash (debt) | −$462.5MFY2017 | −$814.8MFY2026 | −$352.3M | |
| Working capital | $266.7MFY2017 | $360.6MFY2026 | +$93.8M | |
| Book value per share | $36.60FY2017 | $34.70FY2026 | −0.6%/yr | |
| Current ratio | 1.92FY2017 | 1.71FY2026 | −0.21 | |
| Debt / equity | 0.48FY2017 | 1.04FY2026 | +0.57 | |
| Shares outstanding | 27.9MFY2017 | 23.0MFY2026 | −2.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HELE assets
HELE liabilities and equity
HELE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HELE balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $18.9M | $18.9M | $18.5M | $29.1M | $33.4M | $45.1M | $24.5M | $11.9M | $20.7M | $23.1M |
| Cash & equivalents | $18.9M | $18.9M | $18.5M | $29.1M | $33.4M | $45.1M | $24.5M | $11.9M | $20.7M | $23.1M |
| Short-term investments | $2.6M | — | $2.5M | $3.9M | — | — | — | $512,000 | $539,000 | $0 |
| Receivables | $366.7M | $434.1M | $402.4M | $382.8M | $463.1M | $389.2M | $348.0M | $280.3M | $275.9M | $229.4M |
| Inventory | $455.8M | $452.6M | $396.0M | $455.5M | $558.0M | $481.6M | $256.3M | $302.3M | $251.5M | $289.1M |
| Other current assets | $24.1M | $26.1M | $27.0M | $24.7M | $27.7M | $56.0M | $54.0M | $10.4M | $7.1M | $14.5M |
| Total current assets | $865.5M | $931.7M | $843.9M | $892.0M | $1.08B | $971.9M | $682.8M | $604.9M | $555.3M | $556.1M |
| Property, plant & equipment (net) | $357.4M | $365.1M | $372.6M | $390.5M | $243.1M | $169.1M | $164.8M | $130.3M | $123.5M | $134.9M |
| Goodwill & intangible assets | $845.1M | $1.75B | $1.60B | $1.62B | $1.49B | $1.10B | $1.04B | $893.8M | $905.2M | $1.12B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.9M | $0 |
| Other non-current assets | $47.5M | $85.6M | $18.7M | $10.8M | $11.5M | $25.3M | $15.4M | $20.5M | $35.3M | $3.7M |
| Total assets | $2.12B | $3.13B | $2.84B | $2.91B | $2.82B | $2.26B | $1.90B | $1.65B | $1.62B | $1.81B |
| Liabilities | ||||||||||
| Accounts payable | $256.4M | $269.4M | $245.3M | $190.6M | $308.2M | $334.8M | $152.7M | $143.6M | $129.3M | $105.7M |
| Short-term debt | $25.0M | $9.4M | $6.2M | $6.1M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $24.4M |
| Deferred revenue | — | — | $17.8M | — | — | $213.2M | $139.3M | $1.4M | $131.0M | $146.4M |
| Total current liabilities | $505.0M | $466.3M | $450.8M | $412.2M | $602.7M | $614.9M | $338.9M | $312.0M | $297.1M | $289.4M |
| Long-term debt | $755.8M | $907.5M | $659.4M | $928.3M | $811.3M | $341.7M | $337.4M | $318.9M | $288.0M | $461.2M |
| Lease obligations | $52.9M | $39.9M | $37.3M | $42.7M | $43.7M | $38.4M | $40.9M | — | — | — |
| Other long-term liabilities | $56.6M | $74.9M | $90.9M | $84.4M | $82.1M | $67.5M | $65.8M | $22.0M | $21.8M | $41.8M |
| Total liabilities | $1.32B | $1.45B | $1.20B | $1.42B | $1.50B | $1.02B | $742.2M | $652.9M | $606.9M | $792.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.3M | $2.3M | $2.4M | $2.4M | $2.4M | $2.4M | $2.5M | $2.5M | $2.7M | $2.7M |
| Retained earnings (deficit) | $412.8M | $1.31B | $1.28B | $1.16B | $1.02B | $965.2M | $898.2M | $746.4M | $780.5M | $798.1M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$1.9M | $2.3M | $2.1M | $4.9M | $202,000 | −$11.7M | −$7.0M | $1.2M | $631,000 | $1.2M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $798.2M | $1.68B | $1.64B | $1.49B | $1.33B | $1.24B | $1.16B | $996.6M | $1.01B | $1.02B |
| Key figures | ||||||||||
| Total debt | $833.7M | $956.8M | $702.9M | $977.1M | $857.0M | $382.0M | $380.2M | $320.8M | $289.9M | $485.6M |
| Net cash (debt) | −$814.8M | −$938.0M | −$684.4M | −$948.0M | −$823.6M | −$336.9M | −$355.7M | −$308.9M | −$269.1M | −$462.5M |
| Working capital | $360.6M | $465.5M | $393.1M | $479.9M | $479.4M | $357.0M | $343.9M | $292.8M | $258.2M | $266.7M |
| Tangible book value | −$46.9M | −$66.2M | $34.0M | −$131.6M | −$159.4M | $142.2M | $120.9M | $102.8M | $109.2M | −$97.7M |
| Book value per share | $34.70 | $72.99 | $68.31 | $61.80 | $54.38 | $49.19 | $45.88 | $37.89 | $37.22 | $36.60 |
| Shares outstanding | 23.0M | 23.1M | 24.0M | 24.1M | 24.4M | 25.2M | 25.3M | 26.3M | 27.3M | 27.9M |
| Current ratio | 1.71 | 2.00 | 1.87 | 2.16 | 1.80 | 1.58 | 2.01 | 1.94 | 1.87 | 1.92 |
| Quick ratio | 0.76 | 0.97 | 0.93 | 1.00 | 0.82 | 0.71 | 1.10 | 0.94 | 1.00 | 0.87 |
| Debt / equity | 1.04 | 0.57 | 0.43 | 0.66 | 0.65 | 0.31 | 0.33 | 0.32 | 0.29 | 0.48 |
| Equity / assets | 37.7% | 53.7% | 57.7% | 51.1% | 47.0% | 54.8% | 61.0% | 60.4% | 62.6% | 56.3% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $25.0M | $24.2M | $18.9M | $29.7M | $25.0M | $25.3M | $18.9M | $40.8M | $20.1M | $16.1M | $18.5M | $25.2M |
| Cash & equivalents | $22.6M | $21.7M | $18.9M | $27.1M | $22.4M | $22.7M | $18.9M | $40.8M | $20.1M | $16.1M | $18.5M | $25.2M |
| Short-term investments | $2.4M | $2.5M | $2.6M | $2.6M | $2.6M | $2.6M | — | $2.5M | $2.5M | $2.5M | $2.5M | $2.4M |
| Receivables | $334.9M | $332.8M | $366.7M | $444.1M | $357.1M | $323.5M | $434.1M | $468.5M | $381.0M | $340.1M | $402.4M | $475.6M |
| Inventory | $480.3M | $467.4M | $455.8M | $505.3M | $528.9M | $484.1M | $452.6M | $450.7M | $469.6M | $444.7M | $396.0M | $426.0M |
| Other current assets | $36.1M | $31.9M | $24.1M | $25.0M | $27.2M | $22.6M | $26.1M | $36.2M | $29.9M | $30.6M | $27.0M | $29.5M |
| Total current assets | $876.3M | $856.3M | $865.5M | $1.00B | $938.1M | $855.4M | $931.7M | $996.3M | $900.6M | $831.6M | $843.9M | $956.4M |
| Property, plant & equipment (net) | $0 | $303.3M | $357.4M | $382.1M | $370.9M | $368.3M | $365.1M | $365.9M | $366.2M | $371.3M | $372.6M | $373.2M |
| Goodwill & intangible assets | $837.8M | $841.1M | $845.1M | $928.7M | $998.2M | $1.33B | $1.75B | $1.59B | $1.60B | $1.60B | $1.60B | $1.61B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $382.5M | $79.5M | $47.5M | $25.9M | $100.3M | $100.3M | $85.6M | $20.1M | $18.3M | $19.0M | $18.7M | $14.8M |
| Total assets | $2.10B | $2.08B | $2.12B | $2.34B | $2.41B | $2.65B | $3.13B | $2.97B | $2.88B | $2.82B | $2.84B | $2.95B |
| Liabilities | ||||||||||||
| Accounts payable | $278.0M | $245.9M | $256.4M | $284.4M | $283.2M | $228.1M | $269.4M | $315.4M | $323.3M | $245.2M | $245.3M | $293.1M |
| Short-term debt | $25.0M | $25.0M | $25.0M | $23.4M | $21.9M | $20.3M | $9.4M | $8.6M | $7.8M | $7.0M | $6.2M | $6.2M |
| Deferred revenue | — | — | — | — | — | — | — | — | $13.9M | $11.9M | $17.8M | $12.9M |
| Total current liabilities | $531.0M | $480.2M | $505.0M | $554.1M | $550.0M | $504.5M | $466.3M | $517.8M | $508.7M | $427.7M | $450.8M | $543.7M |
| Long-term debt | $0 | $691.1M | $755.8M | $869.0M | $871.3M | $850.7M | $907.5M | $725.3M | $705.4M | $741.3M | $659.4M | $729.4M |
| Lease obligations | — | $55.2M | $52.9M | $54.5M | $39.5M | $41.0M | $39.9M | $40.9M | $37.1M | $38.2M | $37.3M | $39.3M |
| Other long-term liabilities | $711.8M | $65.2M | $56.6M | $65.5M | $60.0M | $69.1M | $74.9M | $101.9M | $98.7M | $102.4M | $90.9M | $92.9M |
| Total liabilities | $1.24B | $1.24B | $1.32B | $1.49B | $1.48B | $1.42B | $1.45B | $1.34B | $1.31B | $1.27B | $1.20B | $1.37B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.3M | $2.3M | $2.3M | $2.3M | $2.3M | $2.3M | $2.3M | $2.3M | $2.3M | $2.3M | $2.4M | $2.4M |
| Retained earnings (deficit) | $453.2M | $448.5M | $412.8M | $468.4M | $552.4M | $861.1M | $1.31B | $1.26B | $1.21B | $1.19B | $1.28B | $1.24B |
| Accumulated other comprehensive income | $1.7M | $1.1M | −$1.9M | −$1.4M | −$5.5M | −$3.5M | $2.3M | $3.2M | −$1.5M | $2.8M | $2.1M | $2.1M |
| Total shareholders' equity | $853.8M | $843.5M | $798.2M | $852.3M | $926.3M | $1.23B | $1.68B | $1.63B | $1.57B | $1.55B | $1.64B | $1.59B |
| Key figures | ||||||||||||
| Total debt | $725.4M | $771.3M | $833.7M | $946.9M | $932.7M | $912.0M | $956.8M | $774.8M | $750.3M | $786.6M | $702.9M | $774.9M |
| Net cash (debt) | −$700.5M | −$747.2M | −$814.8M | −$917.1M | −$907.7M | −$886.7M | −$938.0M | −$734.0M | −$730.2M | −$770.5M | −$684.4M | −$749.7M |
| Working capital | $345.3M | $376.1M | $360.6M | $450.0M | $388.2M | $350.9M | $465.5M | $478.5M | $391.9M | $403.9M | $393.1M | $412.7M |
| Tangible book value | $16.0M | $2.4M | −$46.9M | −$76.5M | −$71.9M | −$100.3M | −$66.2M | $37.3M | −$27.7M | −$49.6M | $34.0M | −$21.5M |
| Book value per share | $35.35 | $35.50 | $34.70 | $37.00 | $40.35 | $53.51 | $73.50 | $71.16 | $68.64 | $65.57 | $68.54 | $66.61 |
| Shares outstanding | 24.2M | 23.8M | 23.0M | 23.0M | 23.0M | 22.9M | 22.9M | 22.9M | 22.8M | 23.6M | 23.9M | 23.8M |
| Current ratio | 1.65 | 1.78 | 1.71 | 1.81 | 1.71 | 1.70 | 2.00 | 1.92 | 1.77 | 1.94 | 1.87 | 1.76 |
| Quick ratio | 0.68 | 0.74 | 0.76 | 0.86 | 0.69 | 0.69 | 0.97 | 0.98 | 0.79 | 0.83 | 0.93 | 0.92 |
| Debt / equity | 0.85 | 0.91 | 1.04 | 1.11 | 1.01 | 0.74 | 0.57 | 0.48 | 0.48 | 0.51 | 0.43 | 0.49 |
| Equity / assets | 40.7% | 40.6% | 37.7% | 36.4% | 38.5% | 46.3% | 53.7% | 54.8% | 54.4% | 54.9% | 57.7% | 53.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 23, 2026); data from EODHD.
HELE financial position
At the end of fiscal 2026 (February 28, 2026), Helen of Troy had total assets of $2.1 billion (down 32.5% from a year earlier), total liabilities of $1.3 billion and shareholders' equity of $798.2 million. It held $18.9 million in cash and short-term investments against $833.7 million of debt, net debt of $814.8 million. Its current ratio was 1.71. In the latest quarter (ended August 31, 2026) total assets were $2.1 billion and equity $853.8 million.
Related: HELE income statement, HELE cash flow statement, HELE key metrics. See the HELE stock overview for the latest quote and news.
HELE balance sheet FAQ
What are Helen of Troy's total assets?
Helen of Troy reported total assets of $2.1 billion at the end of fiscal 2026 (February 28, 2026), compared with $3.1 billion a year earlier.
How much debt does Helen of Troy have?
Helen of Troy had $833.7 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.04.
How much cash does Helen of Troy have?
Helen of Troy held $18.9 million in cash and short-term investments at the end of fiscal 2026; with $833.7 million of debt that is net debt of $814.8 million.
What is Helen of Troy's book value?
Helen of Troy's shareholders' equity (book value) was $798.2 million at the end of fiscal 2026, or $34.70 per share.
What is Helen of Troy's current ratio?
Helen of Troy had current assets of $865.5 million and current liabilities of $505.0 million, a current ratio of 1.71 (it can cover its short-term obligations).
How much goodwill does Helen of Troy have?
Helen of Troy carried $845.1 million of goodwill and intangible assets, 39.9% of total assets, at the end of fiscal 2026.