Hermès International Société en commandite par actions Balance Sheet Health
Financial Health criteria checks 6/6
Hermès International Société en commandite par actions has a total shareholder equity of €15.1B and total debt of €50.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are €20.5B and €5.4B respectively. Hermès International Société en commandite par actions's EBIT is €5.9B making its interest coverage ratio -17.2. It has cash and short-term investments of €9.5B.
Key information
0.3%
Debt to equity ratio
€50.00m
Debt
| Interest coverage ratio | -17.2x |
| Cash | €9.48b |
| Equity | €15.08b |
| Total liabilities | €5.43b |
| Total assets | €20.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMS's short term assets (€13.5B) exceed its short term liabilities (€3.3B).
Long Term Liabilities: RMS's short term assets (€13.5B) exceed its long term liabilities (€2.2B).
Debt to Equity History and Analysis
Debt Level: RMS has more cash than its total debt.
Reducing Debt: RMS's debt to equity ratio has reduced from 0.9% to 0.3% over the past 5 years.
Debt Coverage: RMS's debt is well covered by operating cash flow (8932%).
Interest Coverage: RMS earns more interest than it pays, so coverage of interest payments is not a concern.