Hearts And Minds Investments (ASX:HM1) Debt-to-Equity : 0.00 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Hearts And Minds Investments Debt-to-Equity?

Hearts And Minds Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Hearts And Minds Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Hearts And Minds Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$673.45 Mil. Hearts And Minds Investments's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Hearts And Minds Investments's Debt-to-Equity or its related term are showing as below:

ASX:HM1's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Hearts And Minds Investments Debt-to-Equity Historical Data

The historical data trend for Hearts And Minds Investments's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hearts And Minds Investments Debt-to-Equity Chart

Hearts And Minds Investments Annual Data

Trend

Oct18

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Hearts And Minds Investments Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Hearts And Minds Investments's Debt-to-Equity

For the Asset Management subindustry, Hearts And Minds Investments's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hearts And Minds Investments's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hearts And Minds Investments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hearts And Minds Investments's Debt-to-Equity falls into.

Hearts And Minds Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hearts And Minds Investments's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	675.523
	=	0.00

Hearts And Minds Investments's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	673.452
	=	0.00

Hearts And Minds Investments (ASX:HM1) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Hearts And Minds Investments Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Hearts And Minds Investments's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Hearts And Minds Investments (ASX:HM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hearts And Minds Investments Ltd (ASX:HM1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Chifley Square, Suite 12.04, Level 12, Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.heartsandmindsinvestments.com.au

Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, it has a presence in the United States; Australia; Hong Kong; Germany; Japan; Canada, and the United Kingdom.

Hearts And Minds Investments (ASX:HM1) Headlines

No Headlines