Hulamin Balance Sheet Health
Financial Health criteria checks 4/6
Hulamin has a total shareholder equity of ZAR3.8B and total debt of ZAR1.5B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are ZAR7.7B and ZAR3.9B respectively. Hulamin's EBIT is ZAR493.2M making its interest coverage ratio 3.1. It has cash and short-term investments of ZAR117.9M.
Key information
39.3%
Debt to equity ratio
R1.50b
Debt
| Interest coverage ratio | 3.1x |
| Cash | R117.88m |
| Equity | R3.81b |
| Total liabilities | R3.89b |
| Total assets | R7.70b |
Recent financial health updates
No updates
Recent updates
Investors Holding Back On Hulamin Limited (JSE:HLM)
Aug 25
The Returns At Hulamin (JSE:HLM) Aren't Growing
Jul 29Insufficient Growth At Hulamin Limited (JSE:HLM) Hampers Share Price
May 06Hulamin Limited's (JSE:HLM) Shares Bounce 30% But Its Business Still Trails The Market
Mar 10Hulamin (JSE:HLM) Shareholders Will Want The ROCE Trajectory To Continue
Feb 27Hulamin (JSE:HLM) Might Have The Makings Of A Multi-Bagger
Aug 02Financial Position Analysis
Short Term Liabilities: HLM's short term assets (ZAR5.9B) exceed its short term liabilities (ZAR3.6B).
Long Term Liabilities: HLM's short term assets (ZAR5.9B) exceed its long term liabilities (ZAR294.7M).
Debt to Equity History and Analysis
Debt Level: HLM's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: HLM's debt to equity ratio has increased from 16.8% to 39.3% over the past 5 years.
Debt Coverage: HLM's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: HLM's interest payments on its debt are well covered by EBIT (3.1x coverage).