HMC Capital Balance Sheet Health
Financial Health criteria checks 5/6
HMC Capital has a total shareholder equity of A$1.5B and total debt of A$199.1M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are A$1.8B and A$281.0M respectively. HMC Capital's EBIT is A$32.5M making its interest coverage ratio 16.3. It has cash and short-term investments of A$247.3M.
Key information
13.2%
Debt to equity ratio
AU$199.10m
Debt
| Interest coverage ratio | 16.3x |
| Cash | AU$247.30m |
| Equity | AU$1.51b |
| Total liabilities | AU$281.00m |
| Total assets | AU$1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMC's short term assets (A$285.7M) exceed its short term liabilities (A$241.7M).
Long Term Liabilities: HMC's short term assets (A$285.7M) exceed its long term liabilities (A$39.3M).
Debt to Equity History and Analysis
Debt Level: HMC has more cash than its total debt.
Reducing Debt: HMC's debt to equity ratio has reduced from 97% to 13.2% over the past 5 years.
Debt Coverage: HMC's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: HMC's interest payments on its debt are well covered by EBIT (16.3x coverage).