Michael Hill International Financial Health
How is Michael Hill International's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: MHJ's short term assets (A$292.1M) exceed its short term liabilities (A$158.6M).
Long Term Liabilities: MHJ's short term assets (A$292.1M) exceed its long term liabilities (A$157.5M).
Debt to Equity History and Analysis
Debt Level: MHJ is debt free.
Reducing Debt: MHJ has no debt compared to 5 years ago when its debt to equity ratio was 22.6%.
Debt Coverage: MHJ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MHJ has no debt, therefore coverage of interest payments is not a concern.