H & M Hennes & Mauritz Balance Sheet Health
Financial Health criteria checks 6/6
H & M Hennes & Mauritz has a total shareholder equity of SEK43.2B and total debt of SEK15.0B, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are SEK180.6B and SEK137.4B respectively. H & M Hennes & Mauritz's EBIT is SEK16.9B making its interest coverage ratio 9.7. It has cash and short-term investments of SEK23.7B.
Key information
34.7%
Debt to equity ratio
SEK 15.00b
Debt
| Interest coverage ratio | 9.7x |
| Cash | SEK 23.70b |
| Equity | SEK 43.23b |
| Total liabilities | SEK 137.39b |
| Total assets | SEK 180.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMSA's short term assets (SEK81.8B) exceed its short term liabilities (SEK73.5B).
Long Term Liabilities: HMSA's short term assets (SEK81.8B) exceed its long term liabilities (SEK63.9B).
Debt to Equity History and Analysis
Debt Level: HMSA has more cash than its total debt.
Reducing Debt: HMSA's debt to equity ratio has reduced from 36.1% to 34.7% over the past 5 years.
Debt Coverage: HMSA's debt is well covered by operating cash flow (226.5%).
Interest Coverage: HMSA's interest payments on its debt are well covered by EBIT (9.7x coverage).