Michael Hill International Limited

ASX:MHJ Stock Report

Market Cap: AU$265.4m

Michael Hill International Balance Sheet Health

Financial Health criteria checks 4/6

Michael Hill International has a total shareholder equity of A$189.7M and total debt of A$34.4M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are A$576.8M and A$387.2M respectively. Michael Hill International's EBIT is A$26.0M making its interest coverage ratio 2.4. It has cash and short-term investments of A$22.8M.

Key information

18.1%

Debt to equity ratio

AU$34.40m

Debt

Interest coverage ratio2.4x
CashAU$22.78m
EquityAU$189.67m
Total liabilitiesAU$387.17m
Total assetsAU$576.84m

Recent financial health updates

No updates

Recent updates

Michael Hill International Limited's (ASX:MHJ) CEO Compensation Is Looking A Bit Stretched At The Moment

Nov 07
Michael Hill International Limited's (ASX:MHJ) CEO Compensation Is Looking A Bit Stretched At The Moment

Michael Hill International (ASX:MHJ) Is Reducing Its Dividend To A$0.035

Aug 28
Michael Hill International (ASX:MHJ) Is Reducing Its Dividend To A$0.035

Is Michael Hill International Limited (ASX:MHJ) Potentially Undervalued?

Mar 20
Is Michael Hill International Limited (ASX:MHJ) Potentially Undervalued?

Michael Hill International (ASX:MHJ) Is Increasing Its Dividend To AU$0.035

Feb 24
Michael Hill International (ASX:MHJ) Is Increasing Its Dividend To AU$0.035

Returns At Michael Hill International (ASX:MHJ) Appear To Be Weighed Down

Dec 29
Returns At Michael Hill International (ASX:MHJ) Appear To Be Weighed Down

If You Like EPS Growth Then Check Out Michael Hill International (ASX:MHJ) Before It's Too Late

Oct 16
If You Like EPS Growth Then Check Out Michael Hill International (ASX:MHJ) Before It's Too Late

At AU$0.81, Is It Time To Put Michael Hill International Limited (ASX:MHJ) On Your Watch List?

May 04
At AU$0.81, Is It Time To Put Michael Hill International Limited (ASX:MHJ) On Your Watch List?

Michael Hill International (ASX:MHJ) Could Be Struggling To Allocate Capital

Apr 11
Michael Hill International (ASX:MHJ) Could Be Struggling To Allocate Capital

Four Days Left To Buy Michael Hill International Limited (ASX:MHJ) Before The Ex-Dividend Date

Mar 06
Four Days Left To Buy Michael Hill International Limited (ASX:MHJ) Before The Ex-Dividend Date

If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 36%

Feb 28
If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 36%

How Many Michael Hill International Limited (ASX:MHJ) Shares Did Insiders Buy, In The Last Year?

Feb 05
How Many Michael Hill International Limited (ASX:MHJ) Shares Did Insiders Buy, In The Last Year?

We Think Michael Hill International's (ASX:MHJ) Statutory Profit Might Understate Its Earnings Potential

Jan 15
We Think Michael Hill International's (ASX:MHJ) Statutory Profit Might Understate Its Earnings Potential

Should You Be Impressed By Michael Hill International's (ASX:MHJ) Returns on Capital?

Dec 25
Should You Be Impressed By Michael Hill International's (ASX:MHJ) Returns on Capital?

When Should You Buy Michael Hill International Limited (ASX:MHJ)?

Dec 07
When Should You Buy Michael Hill International Limited (ASX:MHJ)?

If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 55%

Nov 22
If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 55%

Trade Alert: The Non-Executive Independent Director Of Michael Hill International Limited (ASX:MHJ), Robert Fyfe, Has Just Spent AU$245k Buying 45% More Shares

Sep 01
Trade Alert: The Non-Executive Independent Director Of Michael Hill International Limited (ASX:MHJ), Robert Fyfe, Has Just Spent AU$245k Buying 45% More Shares

We're Watching These Trends At Michael Hill International (ASX:MHJ)

Aug 19
We're Watching These Trends At Michael Hill International (ASX:MHJ)

Financial Position Analysis

Short Term Liabilities: MHJ's short term assets (A$270.9M) exceed its short term liabilities (A$168.1M).

Long Term Liabilities: MHJ's short term assets (A$270.9M) exceed its long term liabilities (A$219.1M).


Debt to Equity History and Analysis

Debt Level: MHJ's net debt to equity ratio (6.1%) is considered satisfactory.

Reducing Debt: MHJ's debt to equity ratio has increased from 14.3% to 18.1% over the past 5 years.

Debt Coverage: MHJ's debt is well covered by operating cash flow (158.5%).

Interest Coverage: MHJ's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


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