Hearts And Minds Investments (ASX:HM1) Beginning Cash Position: A$36.01 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:HM1 Hearts And Minds Investments Ltd ASX:HM1
45 GF Score
Price A$2.97
GF Value A$1.51
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Hearts And Minds Investments Beginning Cash Position?

Hearts And Minds Investments ASX:HM1 -0.34% 45 Beginning Cash Position is A$36.01 Mil as of Dec. 2025. GuruFocus rates ASX:HM1 with a GF Score™ of 45/100 and a GF Value™ of A$1.51 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Hearts And Minds Investments's Beginning Cash Position for the quarter that ended in Dec. 2025 was A$36.01 Mil.

Hearts And Minds Investments's quarterly Beginning Cash Position declined from Dec. 2024 (A$65.92 Mil) to Jun. 2025 (A$55.95 Mil) and declined from Jun. 2025 (A$55.95 Mil) to Dec. 2025 (A$36.01 Mil).

Hearts And Minds Investments's annual Beginning Cash Position declined from Jun. 2023 (A$122.03 Mil) to Jun. 2024 (A$59.25 Mil) but then increased from Jun. 2024 (A$59.25 Mil) to Jun. 2025 (A$65.93 Mil).

Hearts And Minds Investments Beginning Cash Position Related Terms

Hearts And Minds Investments Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Hearts And Minds Investments's Beginning Cash Position 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.

Hearts And Minds Investments Beginning Cash Position Chart

Hearts And Minds Investments Annual Data
Trend Oct18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beginning Cash Position
Get a 7-Day Free Trial 52.25 123.59 122.03 59.25 65.93

Hearts And Minds Investments Semi-Annual Data
Oct18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.25 29.00 65.92 55.95 36.01
ASX:HM1
45GF Score
Hearts And Minds Investments Ltd ASX:HM1
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hearts And Minds Investments Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of A$36.01 Mil mean?
Hearts And Minds Investments (ASX:HM1) has a Beginning Cash Position of A$36.01 Mil as of Dec. 2025. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Hearts And Minds Investments and its competitors.
Is Hearts And Minds Investments' Beginning Cash Position too high?
Hearts And Minds Investments' current Beginning Cash Position is A$36.01 Mil. Overall, Hearts And Minds Investments has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hearts And Minds Investments' Beginning Cash Position compare to BLK and BX?
Hearts And Minds Investments' Beginning Cash Position of A$36.01 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Asset Management company?
A good Beginning Cash Position depends on the Asset Management industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Hearts And Minds Investments and its competitors. Hearts And Minds Investments's current Beginning Cash Position is A$36.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hearts And Minds Investments stock overvalued right now?
Based on GuruFocus' analysis, Hearts And Minds Investments (ASX:HM1) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.51, compared to a current price of A$2.97 — trading 96.7% above its estimated fair value. The current Beginning Cash Position is A$36.01 Mil. Hearts And Minds Investments' overall GF Score™ is 45/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Hearts And Minds Investments (ASX:HM1), the current Beginning Cash Position is A$36.01 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hearts And Minds Investments (ASX:HM1) Overvalued in 2026?

Based on GuruFocus' analysis, Hearts And Minds Investments stock appears to be overvalued. The current stock price of A$2.97 is trading 96.7% above its estimated GF Value™ of A$1.51. GuruFocus considers Hearts And Minds Investments to be Significantly Overvalued.

Key valuation signals for ASX:HM1:

  • Beginning Cash Position: A$36.01 Mil
  • GF Value™: A$1.51 vs. price of A$2.97 (96.7% above fair value)
  • GF Score™: 45/100 with 1 warning sign

No single metric tells the full story. See the ASX:HM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hearts And Minds Investments Business Description

Address 2 Chifley Square, Suite 12.04, Level 12, Chifley Tower, Sydney, NSW, AUS, 2000
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, the company has investments in the United States, Australia, Hong Kong, Germany, Canada, and the United Kingdom.
45GF Score

Get the complete analysis for ASX:HM1

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.97
Price
A$1.51
GF Value