Federated Hermes Balance Sheet Health
Financial Health criteria checks 5/6
Federated Hermes has a total shareholder equity of $1.2B and total debt of $347.9M, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are $2.1B and $866.4M respectively. Federated Hermes's EBIT is $397.6M making its interest coverage ratio -33.3. It has cash and short-term investments of $558.5M.
Key information
28.5%
Debt to equity ratio
US$347.91m
Debt
| Interest coverage ratio | -33.3x |
| Cash | US$558.53m |
| Equity | US$1.22b |
| Total liabilities | US$866.42m |
| Total assets | US$2.09b |
Recent financial health updates
No updates
Recent updates
Federated Hermes: Concerns About Interest Rate Environment Overshadow Positive Surprises
May 03Federated Hermes (NYSE:FHI) Is Paying Out A Larger Dividend Than Last Year
Apr 29
The Market Doesn't Like What It Sees From Federated Hermes, Inc.'s (NYSE:FHI) Earnings Yet
Apr 09Federated Hermes: Watch Out For Positive Surprises
Jan 24Federated Hermes, Inc.'s (NYSE:FHI) Prospects Need A Boost To Lift Shares
Dec 18Federated Hermes: Good Candidate For Peak Rates Theme
Nov 08Federated Hermes: The Future Is Bright
Sep 08Federated Hermes: Positives Aren't Priced In
Jun 27Federated Hermes (NYSE:FHI) Has Announced A Dividend Of $0.27
Jan 30Federated Hermes Q4 2022 Earnings Preview
Jan 25Federated Hermes goes ex dividend monday
Nov 04Federated Hermes (NYSE:FHI) Will Pay A Dividend Of $0.27
Oct 31Federated Hermes: Watch Recent Acquisition And Upcoming Earnings
Oct 18Federated Hermes: Lower Fee Waivers Drove Good Q2 Performance
Aug 04Federated Hermes (NYSE:FHI) Has Announced A Dividend Of $0.27
Aug 01Federated Hermes Q2 GAAP EPS, revenue up Y/Y
Jul 28Federated Hermes acquires assets of registered investment advisor C.W. Henderson
Jul 18Federated Hermes (NYSE:FHI) Has Announced A Dividend Of US$0.27
May 03Federated Hermes: All Eyes On Rate Hikes And Alternatives' Growth Potential
Apr 22Federated Hermes (NYSE:FHI) Has Affirmed Its Dividend Of US$0.27
Jan 31Financial Position Analysis
Short Term Liabilities: FHI's short term assets ($719.7M) exceed its short term liabilities ($212.5M).
Long Term Liabilities: FHI's short term assets ($719.7M) exceed its long term liabilities ($653.9M).
Debt to Equity History and Analysis
Debt Level: FHI has more cash than its total debt.
Reducing Debt: FHI's debt to equity ratio has increased from 12% to 28.5% over the past 5 years.
Debt Coverage: FHI's debt is well covered by operating cash flow (92.1%).
Interest Coverage: FHI earns more interest than it pays, so coverage of interest payments is not a concern.