What is H&M current liabilities? (2024)

What is H&M current liabilities?

Total liabilities on the balance sheet as of August 2023 : $12.89 B. According to H&M's latest financial reports the company's total liabilities are $12.89 B.

What are the current assets of H&M?

Total assets on the balance sheet as of August 2023 : $17.31 B. According to H&M's latest financial reports the company's total assets are $17.31 B.

What is the total debt of H&M?

Total debt on the balance sheet as of August 2023 : $6.87 B

According to H&M's latest financial reports the company's total debt is $6.87 B.

What is the ownership structure of H&M?

The ownership structure of H&M Hennes & Mauritz AB Class B (GB:0HBP) stock is a mix of institutional, retail and individual investors. Approximately 5.12% of the company's stock is owned by Institutional Investors, 0.00% is owned by Insiders and 94.88% is owned by Public Companies and Individual Investors.

How much money does H&M make a year?

Hennes & Mauritz AB annual revenue for 2022 was $22.422B, a 4.01% decline from 2021. Hennes & Mauritz AB annual revenue for 2021 was $23.359B, a 15.86% increase from 2020.

What is H&M debt to equity?

H & M Hennes & Mauritz has a total shareholder equity of SEK46. 7B and total debt of SEK14. 2B, which brings its debt-to-equity ratio to 30.5%.

What is the current ratio of H&M?

Hennes & Mauritz AB has a current ratio of 1.20. It generally indicates good short-term financial strength. During the past 13 years, Hennes & Mauritz AB's highest Current Ratio was 2.17. The lowest was 1.02.

Who owes the most debt?

The United States has the world's highest national debt with $30.1 trillion owed to creditors as of the first quarter of 2023. Washington's debt now stands at $31.4 trillion, raising further concerns about US government spending and borrowing costs.

How many brands does H&M own?

In addition to the H&M brand, the company consists of six individual brands with separate concepts. Brands include Afound, Arket, COS, Monki, Weekday, and & Other Stories.

Is H&M successful?

H&M is one of the world's leading fashion retailers, with over 4,700 stores in 74 countries. The company has a long history of understanding and influencing consumer behaviour, and this understanding has helped it to become so successful.

Who is the largest investor in H and M?

Hedge funds don't have many shares in H & M Hennes & Mauritz. Looking at our data, we can see that the largest shareholder is Ramsbury Invest AB with 55% of shares outstanding. This implies that they have majority interest control of the future of the company.

Is H&M owned by Zara?

The owners of Zara (Inditex) and H&M (H&M Group) are the world's two biggest players in fashion retail, and as such are under intense scrutiny as the market undergoes changes accelerated by the health crisis.

What was H&M originally called?

The history behind H&M's initials

Obviously, the Hennes name couldn't stick around due to its complete inaccuracy, so Persson decided to rename his stores Hennes and Mauritz. Even so, it wasn't until 1974 that Hennes & Mauritz finally shortened their name to the catchier (and more familiar) H&M.

Is H&M financially stable?

"The H&M group is in a strong position, with a positive profitability trend and good conditions to make further improvements in 2024," group chair Karl-Johan Persson said.

Who is the CEO of H&M?

CEO of H&M Group

Daniel Ervér is 42 years old and has worked in the H&M group for 18 years, of which the last four years as responsible for H&M. He started as a summer trainee in 2005 and then became a controller in 2006.

What does H&M stand for?

The H&M is the abbreviation for Hennes and Mauritz. In Swedish, Hennes means “hers.” The store was designed keeping women in mind. Later on, they started selling men's fashion clothing as well. Hennes acquired Mauritz — the huntsman apparel store, hence the name H&M. What font is the H&M logo?

How does H&M make money?

Retail Sales Of Clothing And Accessories: In-Store and Online. Simply put, H&M makes the bulk of its money by selling clothing, accessories, and home decor in its company-operated stores and through its online platform. Whether it's a trendy dress or a chic sofa cushion, customers flock to H&M for affordable style.

Why did H&M end up in a reputational crisis?

H&M came under fire last week for an ad that featured a black child donning a sweatshirt with the words “coolest monkey in the jungle” etched on the front. The scandal drew public accusations of racism all over social media, including from the Weeknd and G-Eazy, who both cut ties with the company.

Why does H&M have divided?

H&M's "Divided" collection is not their discount line but rather a separate sub-brand or category within the H&M brand. The "Divided" collection typically features trendy and youth-oriented fashion items, catering to a younger demographic.

Is H&M growing?

H&M Group has 4,369 stores globally (around 3,800 are H&M brand stores), and in 2024, the company plans to open around 100 additional stores and close 160.

How many subsidiaries does H&M have?

The H&M Group is one of the leading fashion companies worldwide. It comprises the fashion brands H&M, COS, Weekday, Cheap Monday, & Other Stories, and Monki.

Who owns over 70% of the US debt?

Of the $33T of debt, roughly 78% is owned by the public (70% US vs 30% International). The major US public owners include the FED ($6T, but they are no longer buyers), mutual funds, banks, states, pension funds and insurance companies.

Who has no debt in the world?

1) Switzerland. It is no surprise to see Switzerland on this list. Switzerland is a country that, in practically all economic and social metrics, is an example to follow. With a population of almost 9 million people, Switzerland has no natural resources of its own, no access to the sea, and virtually no public debt.

Who has the least debt in the world?

Is H&M bigger than Zara?

Zara jumps ahead of H&M to become second largest apparel brand in Europe. GlobalData's Apparel Market in Europe to 2027 report shows that Inditex-owned retailer Zara has overtaken Swedish fashion retailer H&M to become the continent's second-largest apparel brand, behind sports brand Nike.