Hammerson Balance Sheet Health
Financial Health criteria checks 3/6
Hammerson has a total shareholder equity of £2.5B and total debt of £1.6B, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are £4.3B and £1.9B respectively. Hammerson's EBIT is £146.4M making its interest coverage ratio 4. It has cash and short-term investments of £472.3M.
Key information
66.8%
Debt to equity ratio
UK£1.64b
Debt
Interest coverage ratio | 4x |
Cash | UK£472.30m |
Equity | UK£2.46b |
Total liabilities | UK£1.87b |
Total assets | UK£4.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMN's short term assets (£553.8M) exceed its short term liabilities (£241.1M).
Long Term Liabilities: HMN's short term assets (£553.8M) do not cover its long term liabilities (£1.6B).
Debt to Equity History and Analysis
Debt Level: HMN's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: HMN's debt to equity ratio has increased from 57.5% to 66.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HMN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HMN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9.7% per year.