Hearts and Minds Investments Balance Sheet Health
Financial Health criteria checks 6/6
Hearts and Minds Investments has a total shareholder equity of A$673.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$679.2M and A$5.7M respectively. Hearts and Minds Investments's EBIT is A$41.7M making its interest coverage ratio 6957140.2. It has cash and short-term investments of A$554.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 6957140.2x |
| Cash | AU$553.98m |
| Equity | AU$673.45m |
| Total liabilities | AU$5.75m |
| Total assets | AU$679.20m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HM1's short term assets (A$554.1M) exceed its short term liabilities (A$5.7M).
Long Term Liabilities: HM1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HM1 is debt free.
Reducing Debt: HM1 has not had any debt for past 5 years.
Debt Coverage: HM1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HM1 has no debt, therefore coverage of interest payments is not a concern.