Hermès International Société en commandite par actions Balance Sheet Health
Financial Health criteria checks 6/6
Hermès International Société en commandite par actions has a total shareholder equity of €15.2B and total debt of €51.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are €20.4B and €5.2B respectively. Hermès International Société en commandite par actions's EBIT is €5.8B making its interest coverage ratio -20.9. It has cash and short-term investments of €10.6B.
Key information
0.3%
Debt to equity ratio
€51.00m
Debt
Interest coverage ratio | -20.9x |
Cash | €10.63b |
Equity | €15.20b |
Total liabilities | €5.24b |
Total assets | €20.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMI's short term assets (€14.0B) exceed its short term liabilities (€3.2B).
Long Term Liabilities: HMI's short term assets (€14.0B) exceed its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: HMI has more cash than its total debt.
Reducing Debt: HMI's debt to equity ratio has reduced from 0.9% to 0.3% over the past 5 years.
Debt Coverage: HMI's debt is well covered by operating cash flow (8486.3%).
Interest Coverage: HMI earns more interest than it pays, so coverage of interest payments is not a concern.