Harmony Gold Mining Balance Sheet Health
Financial Health criteria checks 5/6
Harmony Gold Mining has a total shareholder equity of ZAR40.9B and total debt of ZAR1.8B, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are ZAR60.5B and ZAR19.5B respectively. Harmony Gold Mining's EBIT is ZAR14.4B making its interest coverage ratio -24.6. It has cash and short-term investments of ZAR4.7B.
Key information
4.4%
Debt to equity ratio
R1.79b
Debt
| Interest coverage ratio | -24.6x |
| Cash | R4.69b |
| Equity | R40.95b |
| Total liabilities | R19.51b |
| Total assets | R60.46b |
Recent financial health updates
No updates
Recent updates
Harmony Gold: Solid Bullish Conviction In The Market. Possible "Dip" Opportunity
Nov 12Harmony Gold: A High-Cost Miner Significantly Leveraged To Gold Prices
Aug 27Harmony Gold Mining: Lower Fundamental Risk Comes With Higher Price
Jul 24Harmony Gold: Rally Continues As Operations Expand And Gold Prices Rise
May 09Harmony Gold: Bright Outlook And Possible Lower Share Price
Feb 21Harmony Gold: Shiny Fundamentals, But A Dull 2024 Outlook For Gold
Dec 04Harmony Gold: I Find The Stock Attractive
Sep 18Harmony Gold Mining: Looks Attractive Below $4
Jul 10Harmony Gold: Production In Line With Guidance
Feb 03Harmony Gold: Unconvincing Margins And Overestimated Price Support
Jan 11Harmony Gold: An Earnings Recovery Story And A Bullish Technical Picture Shapes Up
Dec 26Harmony Gold: Acquisition Of A Copper/Gold Project In Australia Makes Sense
Oct 12Harmony Gold Mining: The Rebound Chance Is Slim But Don't Lose Hope
Sep 24Harmony Gold Mining GAAP EPS of -$0.08, revenue of $2.8B beats by $130M
Aug 30Harmony Gold: Needs Higher Gold Prices To Maintain Profitability
Jul 08Harmony Gold: Hidden Valley's Technical Issues Weighing On Guidance
Mar 21Harmony Gold: First Quarter 2022 Production Analysis
Jan 08Harmony Gold: An Inferior Way To Buy The Dip
Jan 01Harmony Gold: Impressive Results While The Stock Price Underperforms
Sep 03Harmony Gold: Old Faithful Is Looking Cheap Based On Fundamentals
Jul 19Harmony Gold: Margins Continue To Improve
May 03Harmony Gold Mining: Balancing The Equation
Dec 24Harmony Gold's free cash flow, production surged in Q1
Nov 09Financial Position Analysis
Short Term Liabilities: HMY's short term assets (ZAR11.5B) exceed its short term liabilities (ZAR7.4B).
Long Term Liabilities: HMY's short term assets (ZAR11.5B) do not cover its long term liabilities (ZAR12.2B).
Debt to Equity History and Analysis
Debt Level: HMY has more cash than its total debt.
Reducing Debt: HMY's debt to equity ratio has reduced from 26.2% to 4.4% over the past 5 years.
Debt Coverage: HMY's debt is well covered by operating cash flow (872.4%).
Interest Coverage: HMY earns more interest than it pays, so coverage of interest payments is not a concern.