H & M Hennes & Mauritz Balance Sheet Health
Financial Health criteria checks 6/6
H & M Hennes & Mauritz has a total shareholder equity of SEK46.7B and total debt of SEK14.2B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are SEK173.8B and SEK127.1B respectively. H & M Hennes & Mauritz's EBIT is SEK15.9B making its interest coverage ratio 9.5. It has cash and short-term investments of SEK20.8B.
Key information
30.5%
Debt to equity ratio
kr14.24b
Debt
| Interest coverage ratio | 9.5x |
| Cash | kr20.82b |
| Equity | kr46.69b |
| Total liabilities | kr127.08b |
| Total assets | kr173.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMSB's short term assets (SEK74.9B) exceed its short term liabilities (SEK62.2B).
Long Term Liabilities: HMSB's short term assets (SEK74.9B) exceed its long term liabilities (SEK64.8B).
Debt to Equity History and Analysis
Debt Level: HMSB has more cash than its total debt.
Reducing Debt: HMSB's debt to equity ratio has reduced from 34.2% to 30.5% over the past 5 years.
Debt Coverage: HMSB's debt is well covered by operating cash flow (231.3%).
Interest Coverage: HMSB's interest payments on its debt are well covered by EBIT (9.5x coverage).