H & M Hennes & Mauritz Balance Sheet Health
Financial Health criteria checks 6/6
H & M Hennes & Mauritz has a total shareholder equity of SEK41.2B and total debt of SEK16.3B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are SEK179.7B and SEK138.5B respectively. H & M Hennes & Mauritz's EBIT is SEK18.3B making its interest coverage ratio 10.9. It has cash and short-term investments of SEK24.2B.
Key information
39.5%
Debt to equity ratio
SEK 16.29b
Debt
| Interest coverage ratio | 10.9x |
| Cash | SEK 24.25b |
| Equity | SEK 41.25b |
| Total liabilities | SEK 138.50b |
| Total assets | SEK 179.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMB's short term assets (SEK78.8B) exceed its short term liabilities (SEK72.7B).
Long Term Liabilities: HMB's short term assets (SEK78.8B) exceed its long term liabilities (SEK65.8B).
Debt to Equity History and Analysis
Debt Level: HMB has more cash than its total debt.
Reducing Debt: HMB's debt to equity ratio has reduced from 50.7% to 39.5% over the past 5 years.
Debt Coverage: HMB's debt is well covered by operating cash flow (233.5%).
Interest Coverage: HMB's interest payments on its debt are well covered by EBIT (10.9x coverage).