Hearts and Minds Investments Balance Sheet Health
Financial Health criteria checks 4/6
Hearts and Minds Investments has a total shareholder equity of A$697.4M and total debt of A$7.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are A$730.5M and A$33.1M respectively. Hearts and Minds Investments's EBIT is A$82.8M making its interest coverage ratio 13798090.3. It has cash and short-term investments of A$619.5M.
Key information
1.0%
Debt to equity ratio
AU$6.99m
Debt
| Interest coverage ratio | 13798090.3x |
| Cash | AU$619.48m |
| Equity | AU$697.41m |
| Total liabilities | AU$33.10m |
| Total assets | AU$730.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HM1's short term assets (A$626.7M) exceed its short term liabilities (A$13.6M).
Long Term Liabilities: HM1's short term assets (A$626.7M) exceed its long term liabilities (A$19.5M).
Debt to Equity History and Analysis
Debt Level: HM1 has more cash than its total debt.
Reducing Debt: HM1's debt to equity ratio has increased from 0% to 1% over the past 5 years.
Debt Coverage: HM1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HM1's interest payments on its debt are well covered by EBIT (13798090.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hearts and Minds Investments Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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