Horace Mann Educators Balance Sheet Health
Financial Health criteria checks 3/6
Horace Mann Educators has a total shareholder equity of $1.2B and total debt of $596.2M, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are $14.2B and $13.0B respectively. Horace Mann Educators's EBIT is $109.9M making its interest coverage ratio 3.5. It has cash and short-term investments of $89.2M.
Key information
49.2%
Debt to equity ratio
US$596.20m
Debt
Interest coverage ratio | 3.5x |
Cash | US$89.20m |
Equity | US$1.21b |
Total liabilities | US$13.02b |
Total assets | US$14.24b |
Recent financial health updates
No updates
Recent updates
Horace Mann Educators Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 12Investors Interested In Horace Mann Educators Corporation's (NYSE:HMN) Earnings
Apr 25Fewer Investors Than Expected Jumping On Horace Mann Educators Corporation (NYSE:HMN)
Jan 23Horace Mann Educators: Earnings Report Falls Flat
Aug 08Horace Mann Educators: Consistent Dividend But P&C Segment Is Struggling
Feb 21Horace Mann Educators Q4 results hit by Winter Storm Elliott
Jan 24Horace Mann Educators declares $0.32 dividend
Sep 06Horace Mann Educators reports Q2 earnings; raises FY22 EPS guidance
Aug 05Horace Mann Educators price target cut post Q2 results estimates and lower 2022 outlook
Jul 14Horace Mann Educators (NYSE:HMN) Is Paying Out A Larger Dividend Than Last Year
Mar 10Horace Mann Educators EPS beats by $0.30, misses on revenue
May 04Why Horace Mann Educators Corporation (NYSE:HMN) Is A Dividend Rockstar
Apr 30Horace Mann Educators (NYSE:HMN) Could Be A Buy For Its Upcoming Dividend
Mar 11Financial Position Analysis
Short Term Liabilities: HMN's short term assets ($3.0B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: HMN's short term assets ($3.0B) do not cover its long term liabilities ($12.0B).
Debt to Equity History and Analysis
Debt Level: HMN's net debt to equity ratio (41.9%) is considered high.
Reducing Debt: HMN's debt to equity ratio has increased from 20.9% to 49.2% over the past 5 years.
Debt Coverage: HMN's debt is well covered by operating cash flow (48.7%).
Interest Coverage: HMN's interest payments on its debt are well covered by EBIT (3.5x coverage).