Horace Mann Educators Balance Sheet Health
Financial Health criteria checks 2/6
Horace Mann Educators has a total shareholder equity of $1.2B and total debt of $1.5B, which brings its debt-to-equity ratio to 123.4%. Its total assets and total liabilities are $14.0B and $12.9B respectively. Horace Mann Educators's EBIT is $83.0M making its interest coverage ratio 2.8. It has cash and short-term investments of $161.9M.
Key information
123.4%
Debt to equity ratio
US$1.45b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$161.90m |
| Equity | US$1.18b |
| Total liabilities | US$12.87b |
| Total assets | US$14.05b |
Recent financial health updates
No updates
Recent updates
Investors Interested In Horace Mann Educators Corporation's (NYSE:HMN) Earnings
Apr 25
Fewer Investors Than Expected Jumping On Horace Mann Educators Corporation (NYSE:HMN)
Jan 23Horace Mann Educators: Earnings Report Falls Flat
Aug 08Horace Mann Educators: Consistent Dividend But P&C Segment Is Struggling
Feb 21Horace Mann Educators Q4 results hit by Winter Storm Elliott
Jan 24Horace Mann Educators declares $0.32 dividend
Sep 06Horace Mann Educators reports Q2 earnings; raises FY22 EPS guidance
Aug 05Horace Mann Educators price target cut post Q2 results estimates and lower 2022 outlook
Jul 14Horace Mann Educators (NYSE:HMN) Is Paying Out A Larger Dividend Than Last Year
Mar 10Horace Mann Educators EPS beats by $0.30, misses on revenue
May 04Why Horace Mann Educators Corporation (NYSE:HMN) Is A Dividend Rockstar
Apr 30Horace Mann Educators (NYSE:HMN) Could Be A Buy For Its Upcoming Dividend
Mar 11Financial Position Analysis
Short Term Liabilities: HMN's short term assets ($3.6B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: HMN's short term assets ($3.6B) do not cover its long term liabilities ($11.6B).
Debt to Equity History and Analysis
Debt Level: HMN's net debt to equity ratio (109.6%) is considered high.
Reducing Debt: HMN's debt to equity ratio has increased from 23.1% to 123.4% over the past 5 years.
Debt Coverage: HMN's debt is well covered by operating cash flow (20.8%).
Interest Coverage: HMN's interest payments on its debt are not well covered by EBIT (2.8x coverage).