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 €12.5B and total debt of €37.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are €17.5B and €5.0B respectively. Hermès International Société en commandite par actions's EBIT is €4.8B making its interest coverage ratio -219.1. It has cash and short-term investments of €9.2B.
Key information
0.3%
Debt to equity ratio
€37.00m
Debt
Interest coverage ratio | -219.1x |
Cash | €9.23b |
Equity | €12.46b |
Total liabilities | €5.00b |
Total assets | €17.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMS N's short term assets (€11.8B) exceed its short term liabilities (€3.0B).
Long Term Liabilities: RMS N's short term assets (€11.8B) exceed its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: RMS N has more cash than its total debt.
Reducing Debt: RMS N's debt to equity ratio has reduced from 1.1% to 0.3% over the past 5 years.
Debt Coverage: RMS N's debt is well covered by operating cash flow (11308.1%).
Interest Coverage: RMS N earns more interest than it pays, so coverage of interest payments is not a concern.