Hennes & Mauritz AB (Hennes & Mauritz AB) Cash-to-Debt : 0.35 (As of Feb. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Hennes & Mauritz AB Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Hennes & Mauritz AB's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.35.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Hennes & Mauritz AB couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

The historical rank and industry rank for Hennes & Mauritz AB's Cash-to-Debt or its related term are showing as below:

HNNMY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.63 Max: No Debt
Current: 0.35

During the past 13 years, Hennes & Mauritz AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 0.63.

HNNMY's Cash-to-Debt is ranked worse than
55.54% of 1037 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs HNNMY: 0.35

Hennes & Mauritz AB Cash-to-Debt Historical Data

The historical data trend for Hennes & Mauritz AB's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Hennes & Mauritz AB Cash-to-Debt Chart

Hennes & Mauritz AB Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

Get a 7-Day Free Trial

0.70

0.21

0.41

0.30

0.34

Hennes & Mauritz AB Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.35	0.32	0.34	0.34	0.35

Competitive Comparison of Hennes & Mauritz AB's Cash-to-Debt

For the Apparel Manufacturing subindustry, Hennes & Mauritz AB's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Hennes & Mauritz AB's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hennes & Mauritz AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hennes & Mauritz AB's Cash-to-Debt falls into.

Hennes & Mauritz AB Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Hennes & Mauritz AB's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2474.178	/	(1420.605	+	5887.21)
	=	0.34

Hennes & Mauritz AB's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1997.008	/	(1188.882	+	4598.239)
	=	0.35

Hennes & Mauritz AB (OTCPK:HNNMY) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Hennes & Mauritz AB Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Hennes & Mauritz AB's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Hennes & Mauritz AB (Hennes & Mauritz AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hennes & Mauritz AB (OTCPK:HNNMY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HMRZF:USA HM B:Sweden HMBs:UK 0HBP:UK HMSA:Germany HMSB:Germany HMSB:Germany HMSB:Germany HMSB:Germany

Address

Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38

Website

https://www.hmgroup.com

Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and newly launched Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Just under 70% of revenue is generated in Europe and Africa, 14% in Asia and Oceania, and 23% in North and South America. The company operates around 4,400 stores globally of which 3,947 are H&M-brand stores.

Hennes & Mauritz AB (Hennes & Mauritz AB) Headlines

From GuruFocus

Hennes & Mauritz AB Stock Appears To Be Modestly Overvalued

By GF Value GF Value • 04-02-2021

Hennes & Mauritz AB's Dividend Analysis

By GuruFocus Research • 11-07-2023

H&M IS PROUD TO RELEASE A PLAYFUL AND OVER-THE-TOP COLLECTION IN COLLABORATION WITH FASHION ICON, IRIS APFEL

By PRNewswire PRNewswire • 03-09-2022