Hulamin Balance Sheet Health

Financial Health criteria checks 5/6

Hulamin has a total shareholder equity of ZAR3.5B and total debt of ZAR994.0M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are ZAR6.2B and ZAR2.7B respectively. Hulamin's EBIT is ZAR508.4M making its interest coverage ratio 3.5. It has cash and short-term investments of ZAR189.9M.

Key information

28.1%

Debt to equity ratio

R994.01m

Debt

Interest coverage ratio3.5x
CashR189.86m
EquityR3.54b
Total liabilitiesR2.71b
Total assetsR6.25b

Recent financial health updates

No updates

Recent updates

Insufficient Growth At Hulamin Limited (JSE:HLM) Hampers Share Price

May 06
Insufficient Growth At Hulamin Limited (JSE:HLM) Hampers Share Price

Hulamin Limited's (JSE:HLM) Shares Bounce 30% But Its Business Still Trails The Market

Mar 10
Hulamin Limited's (JSE:HLM) Shares Bounce 30% But Its Business Still Trails The Market

Hulamin (JSE:HLM) Shareholders Will Want The ROCE Trajectory To Continue

Feb 27
Hulamin (JSE:HLM) Shareholders Will Want The ROCE Trajectory To Continue

Hulamin (JSE:HLM) Might Have The Makings Of A Multi-Bagger

Aug 02
Hulamin (JSE:HLM) Might Have The Makings Of A Multi-Bagger

Financial Position Analysis

Short Term Liabilities: HLM's short term assets (ZAR4.7B) exceed its short term liabilities (ZAR2.5B).

Long Term Liabilities: HLM's short term assets (ZAR4.7B) exceed its long term liabilities (ZAR256.2M).


Debt to Equity History and Analysis

Debt Level: HLM's net debt to equity ratio (22.7%) is considered satisfactory.

Reducing Debt: HLM's debt to equity ratio has increased from 21.6% to 28.1% over the past 5 years.

Debt Coverage: HLM's debt is well covered by operating cash flow (36.5%).

Interest Coverage: HLM's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


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