Harmony Gold Mining Company (HMY) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 28, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Oct 31, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HMY SEC filings page.
Harmony Gold Mining Company Limited (HMY) reported $4.2B in revenue for fiscal year 2025, up 23.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 shows a mining business turning faster revenue growth into cash, with reinvestment and working capital expanding alongside it.
FY2025 operating cash flow reached$1.28B against net income of$811.9M , indicating reported earnings were accompanied by cash rather than merely accounting accruals. Yet capital expenditures consumed52.3% of operating cash flow and free cash flow was$609.1M , so cash conversion is strong but capital-intensive.
Revenue grew
Receivables grew
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Harmony Gold Mining Company Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Harmony Gold Mining Company Limited has an operating margin of 27.6%, meaning the company retains $28 of operating profit per $100 of revenue. This strong profitability earns a score of 74/100, reflecting efficient cost management and pricing power. This is up from 19.0% the prior year.
Harmony Gold Mining Company Limited's revenue surged 23.9% year-over-year to $4.2B, reflecting rapid business expansion. This strong growth earns a score of 87/100.
Harmony Gold Mining Company Limited carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.
Harmony Gold Mining Company Limited's current ratio of 1.72 indicates adequate short-term liquidity, earning a score of 50/100. The company can meet its near-term obligations, though with limited headroom.
Harmony Gold Mining Company Limited converts 14.6% of revenue into free cash flow ($609.1M). This strong cash generation earns a score of 70/100.
Harmony Gold Mining Company Limited earns a strong 29.8% return on equity (ROE), meaning it generates $30 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 77/100. This is up from 21.1% the prior year.
Harmony Gold Mining Company Limited scores 5.90, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $10.1B against total liabilities of $1.7B. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Harmony Gold Mining Company Limited passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, Harmony Gold Mining Company Limited generates $1.57 in operating cash flow ($1.3B OCF vs $811.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Harmony Gold Mining Company Limited earns $76.53 in operating income for every $1 of interest expense ($1.1B vs $15.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Harmony Gold Mining Company Limited generated $4.2B in revenue in fiscal year 2025. This represents an increase of 23.9% from the prior year.
Harmony Gold Mining Company Limited's EBITDA was $1.4B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 58.9% from the prior year.
Harmony Gold Mining Company Limited reported $811.9M in net income in fiscal year 2025. This represents an increase of 72.3% from the prior year.
Harmony Gold Mining Company Limited earned $1.29 per diluted share (EPS) in fiscal year 2025. This represents an increase of 72.6% from the prior year.
Cash & Balance Sheet
Harmony Gold Mining Company Limited generated $609.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 53.1% from the prior year.
Harmony Gold Mining Company Limited held $739.5M in cash against $106.9M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Harmony Gold Mining Company Limited's gross margin was 32.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 9.8 percentage points from the prior year.
Harmony Gold Mining Company Limited's operating margin was 27.6% in fiscal year 2025, reflecting core business profitability. This is up 8.5 percentage points from the prior year.
Harmony Gold Mining Company Limited's net profit margin was 19.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 5.5 percentage points from the prior year.
Harmony Gold Mining Company Limited's ROE was 29.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 8.8 percentage points from the prior year.
Capital Allocation
Harmony Gold Mining Company Limited invested $669.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 45.2% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
HMY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2B+23.9% | $3.4B+28.8% | $2.6B0.0% | $2.6B-10.5% | $2.9B+73.3% | $1.7B-11.4% | $1.9B+27.6% | $1.5B+0.2% | $1.5B+17.8% | $1.3B |
| Cost of Revenue | $2.8B+8.1% | $2.6B+23.5% | $2.1B-18.4% | $2.6B+3.5% | $2.5B+66.3% | $1.5B-26.9% | $2.0B+18.6% | $1.7B+13.4% | $1.5B | N/A |
| Gross Profit | $1.4B+76.5% | $776.0M+50.1% | $516.9M+1074.1% | $44.0M-89.9% | $436.9M+127.2% | $192.3Mn/m | -$138.4Mn/m | -$229.3Mn/m | -$28.6M | N/A |
| Operating Income | $1.1B+79.4% | $640.5M+70.2% | $376.5Mn/m | -$46.3M-110.3% | $451.4Mn/m | -$20.6Mn/m | -$179.5Mn/m | -$339.8Mn/m | -$75.9M | N/A |
| EBITDA | $1.4B+58.9% | $895.2M+59.9% | $559.7M+211.8% | $179.5M-75.2% | $722.7M+298.1% | $181.5M+69.3% | $107.2Mn/m | -$152.4M-230.9% | $116.5M | N/A |
| Interest Expense | $15.0M-35.8% | $23.4M-5.7% | $24.8M+69.8% | $14.6M-8.5% | $16.0M-34.7% | $24.4M-14.1% | $28.4M+71.7% | $16.6M+97.0% | $8.4M-55.8% | $19.0M |
| Income Tax | $375.8M+122.3% | $169.1M+84.9% | $91.4Mn/m | -$2.8M-103.2% | $88.0M+499.1% | $14.7Mn/m | -$9.8Mn/m | -$17.1Mn/m | -$39.0M-190.6% | $43.0M |
| Net Income | $811.9M+72.3% | $471.1M+84.2% | $255.8Mn/m | -$64.5M-118.1% | $356.0Mn/m | -$50.6Mn/m | -$184.4Mn/m | -$326.2M-1279.8% | $27.6M-58.1% | $66.0M |
| EPS (Basic) | $1.31+71.7% | $0.76+83.7% | $0.41n/m | -$0.11-117.9% | $0.59n/m | -$0.09n/m | -$0.35n/m | -$0.73-1268.4% | $0.06 | N/A |
| EPS (Diluted) | $1.29+72.6% | $0.75+81.5% | $0.41n/m | -$0.11-118.3% | $0.58n/m | -$0.10n/m | -$0.35n/m | -$0.73-1314.3% | $0.06 | N/A |
| Diluted Shares (Avg) | 629M-0.2% | 630M+1.5% | 620M+1.0% | 615M-0.3% | 616M+12.6% | 547M+2.6% | 533M+14.6% | 465M+1.3% | 459M+2.9% | 446M |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.
HMY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.4B+31.9% | $3.3B+9.2% | $3.0B+5.8% | $2.9B-16.0% | $3.4B+32.6% | $2.6B-0.9% | $2.6B-9.9% | $2.9B-3.0% | $3.0B+18.1% | $2.5B |
| Current Assets | $1.2B+90.7% | $630.7M+37.0% | $460.5M+0.2% | $459.5M-23.2% | $598.4M+2.1% | $585.9M+89.3% | $309.5M+1.5% | $304.9M | N/A | N/A |
| Cash & Equivalents | $739.5M+187.2% | $257.5M+69.2% | $152.1M+1.4% | $150.1M-23.9% | $197.3M-46.2% | $366.3M+421.7% | $70.2M+36.4% | $51.5M-45.9% | $95.2M+12.0% | $85.0M |
| Inventory | $215.9M+9.2% | $197.7M+14.1% | $173.3M+0.3% | $172.8M-2.9% | $177.9M+27.5% | $139.5M+0.3% | $139.1M+8.4% | $128.3M | N/A | N/A |
| Accounts Receivable | $225.9M+58.1% | $142.9M+12.4% | $127.1M+23.2% | $103.1M-10.8% | $115.6M+53.4% | $75.4M+0.2% | $75.2M-9.4% | $83.1M | N/A | N/A |
| Goodwill | $339K-67.5% | $1.0Mn/m | $0n/m | $0-100.0% | $23.3M-22.2% | $30.0M-18.5% | $36.8M-4.1% | $38.4M | N/A | N/A |
| Total Liabilities | $1.7B+53.0% | $1.1B-9.5% | $1.2B+16.0% | $1.0B-16.7% | $1.2B+0.5% | $1.2B+23.0% | $998.7M-3.1% | $1.0B+40.7% | $732.6M+21.9% | $601.0M |
| Current Liabilities | $699.2M+73.2% | $403.7M+10.8% | $364.4M+19.5% | $305.0M-21.5% | $388.6M-10.8% | $435.7M+90.5% | $228.7M-12.9% | $262.5M | N/A | N/A |
| Non-Current Liabilities | $937.1M+40.6% | $666.7M-18.9% | $822.2M+14.5% | $718.3M-14.7% | $842.3M+6.2% | $792.8M+3.0% | $770.0M+0.2% | $768.6M | N/A | N/A |
| Long-Term Debt | $106.9M+9.2% | $97.9M-67.0% | $296.7M+52.2% | $195.0M-6.3% | $208.1M-51.6% | $430.1M+4.4% | $412.0M+14.7% | $359.1M | N/A | N/A |
| Total Equity | $2.7B+21.7% | $2.2B+21.3% | $1.8B+0.1% | $1.8B-15.5% | $2.2B+61.9% | $1.3B-15.8% | $1.6B-13.6% | $1.9B-17.3% | $2.2B+16.9% | $1.9B |
| Retained Earnings | $823.2M+570.5% | $122.8Mn/m | -$262.9Mn/m | -$591.0Mn/m | -$571.9Mn/m | -$725.1Mn/m | -$828.1Mn/m | -$663.8M | N/A | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
HMY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.3B+48.9% | $858.6M+62.6% | $527.9M+24.4% | $424.5M-33.9% | $642.3M+136.0% | $272.2M-17.7% | $330.9M+16.8% | $283.2M-2.5% | $290.5M-6.9% | $312.0M |
| Depreciation & Amortization | $273.3M+7.3% | $254.7M+38.9% | $183.3M-18.8% | $225.8M-16.8% | $271.3M+34.2% | $202.2M-29.5% | $286.7M+53.0% | $187.4M-2.6% | $192.4M+29.1% | $149.0M |
| Capital Expenditures | $669.1M+45.2% | $460.7M+13.6% | $405.4M+6.4% | $381.0M+5.9% | $359.8M+73.0% | $208.0M-41.6% | $356.2M+7.1% | $332.7M+12.0% | $297.1M+76.9% | $168.0M |
| Free Cash Flow | $609.1M+53.1% | $397.8M+224.8% | $122.5M+181.4% | $43.5M-84.6% | $282.5M+340.4% | $64.1Mn/m | -$25.2Mn/m | -$49.4Mn/m | -$6.6M-104.6% | $144.0M |
| Investing Cash Flow | -$674.8Mn/m | -$458.7Mn/m | -$562.3Mn/m | -$380.1Mn/m | -$592.3Mn/m | -$205.0Mn/m | -$339.3Mn/m | -$588.9Mn/m | -$258.4Mn/m | -$180.0M |
| Financing Cash Flow | -$125.0Mn/m | -$298.2M-570.6% | $63.4Mn/m | -$70.6Mn/m | -$300.8M-221.3% | $248.1M+823.2% | $26.9M-90.1% | $271.5Mn/m | -$34.4Mn/m | -$114.0M |
| Dividends Paid | $118.5M+50.4% | $78.8M+864.7% | $8.2M-69.0% | $26.4M-44.9% | $47.9M+27586.3% | $173Kn/m | $0-100.0% | $11.2M-66.5% | $33.5Mn/m | $0 |
Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.
HMY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.8%+9.8pp | 23.1%+3.3pp | 19.8%+18.1pp | 1.7%-13.3pp | 15.0%+3.6pp | 11.4%+18.7pp | -7.3%+8.1pp | -15.4%-13.5pp | -1.9% | N/A |
| Operating Margin | 27.6%+8.5pp | 19.0%+4.6pp | 14.4%+16.2pp | -1.8%-17.2pp | 15.5%+16.7pp | -1.2%+8.2pp | -9.4%+13.4pp | -22.8%-17.7pp | -5.1% | N/A |
| Net Margin | 19.5%+5.5pp | 14.0%+4.2pp | 9.8%+12.3pp | -2.5%-14.7pp | 12.2%+15.2pp | -3.0%+6.7pp | -9.7%+12.2pp | -21.9%-23.7pp | 1.9%-3.4pp | 5.2% |
| Return on Equity | 29.8%+8.8pp | 21.1%+7.2pp | 13.9%+17.4pp | -3.5%-19.8pp | 16.3%+20.1pp | -3.8%+7.8pp | -11.5%+6.1pp | -17.6%-18.9pp | 1.2%-2.2pp | 3.5% |
| Return on Assets | 18.6%+4.4pp | 14.2%+5.8pp | 8.4%+10.7pp | -2.3%-12.7pp | 10.4%+12.4pp | -2.0%+5.1pp | -7.1%+4.2pp | -11.3%-12.3pp | 0.9%-1.7pp | 2.6% |
| Current Ratio | 1.72+0.2x | 1.56+0.3x | 1.26-0.2x | 1.510.0x | 1.54+0.2x | 1.340.0x | 1.35+0.2x | 1.16 | N/A | N/A |
| Debt-to-Equity | 0.040.0x | 0.04-0.1x | 0.16+0.1x | 0.110.0x | 0.10-0.2x | 0.32+0.1x | 0.26+0.1x | 0.19 | N/A | N/A |
| Liabilities-to-Equity | 0.61+0.1x | 0.48-0.2x | 0.65+0.1x | 0.560.0x | 0.57-0.3x | 0.91+0.3x | 0.62+0.1x | 0.56+0.2x | 0.330.0x | 0.31 |
| Asset Turnover | 0.95-0.1x | 1.02+0.2x | 0.86-0.1x | 0.91+0.1x | 0.86+0.2x | 0.65-0.1x | 0.73+0.2x | 0.520.0x | 0.500.0x | 0.50 |
| FCF Margin | 14.6%+2.8pp | 11.8%+7.1pp | 4.7%+3.0pp | 1.7%-8.0pp | 9.7%+5.9pp | 3.8%+5.1pp | -1.3%+2.0pp | -3.3%-2.9pp | -0.4%-11.8pp | 11.4% |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Harmony Gold Mining Company Limited HMY | FY2025 | $4.2B | $811.9M | 19.5% | $10.1B | 75/100 |
| Coeur Mining, Inc. CDE | FY2025 | $2.1B | $585.9M | 28.3% | $14.8B | 69/100 |
| Equinox Gold Corp. EQX | FY2025 | $1.8B | $221.5M | 12.2% | $12.2B | 47/100 |
| OR Royalties Inc. OR | FY2025 | $277.4M | $206.1M | 74.3% | $6.4B | 83/100 |
| IAMGold Corporation IAG | FY2025 | $2.9B | $732.3M | 25.7% | $9.9B | 65/100 |
| B2Gold Corp. BTG | FY2025 | $3.1B | $401.9M | 13.1% | $6.8B | 65/100 |
Where Harmony Gold Mining Company Limited Ranks
Frequently Asked Questions
What is Harmony Gold Mining Company Limited's annual revenue?
Harmony Gold Mining Company Limited (HMY) reported $4.2B in total revenue for fiscal year 2025. This represents a 23.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Harmony Gold Mining Company Limited's revenue growing?
Harmony Gold Mining Company Limited (HMY) revenue grew by 23.9% year-over-year, from $3.4B to $4.2B in fiscal year 2025.
Is Harmony Gold Mining Company Limited profitable?
Yes, Harmony Gold Mining Company Limited (HMY) reported a net income of $811.9M in fiscal year 2025, with a net profit margin of 19.5%.
What is Harmony Gold Mining Company Limited's EBITDA?
Harmony Gold Mining Company Limited (HMY) had EBITDA of $1.4B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Harmony Gold Mining Company Limited have?
As of fiscal year 2025, Harmony Gold Mining Company Limited (HMY) had $739.5M in cash and equivalents against $106.9M in long-term debt.
What is Harmony Gold Mining Company Limited's gross margin?
Harmony Gold Mining Company Limited (HMY) had a gross margin of 32.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Harmony Gold Mining Company Limited's operating margin?
Harmony Gold Mining Company Limited (HMY) had an operating margin of 27.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Harmony Gold Mining Company Limited's net profit margin?
Harmony Gold Mining Company Limited (HMY) had a net profit margin of 19.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Harmony Gold Mining Company Limited's return on equity (ROE)?
Harmony Gold Mining Company Limited (HMY) has a return on equity of 29.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Harmony Gold Mining Company Limited's free cash flow?
Harmony Gold Mining Company Limited (HMY) generated $609.1M in free cash flow during fiscal year 2025. This represents a 53.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Harmony Gold Mining Company Limited's operating cash flow?
Harmony Gold Mining Company Limited (HMY) generated $1.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Harmony Gold Mining Company Limited's total assets?
Harmony Gold Mining Company Limited (HMY) had $4.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Harmony Gold Mining Company Limited's capital expenditures?
Harmony Gold Mining Company Limited (HMY) invested $669.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Harmony Gold Mining Company Limited's current ratio?
Harmony Gold Mining Company Limited (HMY) had a current ratio of 1.72 as of fiscal year 2025, which is generally considered healthy.
What is Harmony Gold Mining Company Limited's debt-to-equity ratio?
Harmony Gold Mining Company Limited (HMY) had a debt-to-equity ratio of 0.04 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Harmony Gold Mining Company Limited's liabilities-to-equity ratio?
Harmony Gold Mining Company Limited (HMY) had a liabilities-to-equity ratio of 0.61 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Harmony Gold Mining Company Limited's return on assets (ROA)?
Harmony Gold Mining Company Limited (HMY) had a return on assets of 18.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Harmony Gold Mining Company Limited's P/E ratio?
Harmony Gold Mining Company Limited (HMY) trades at 12.5x earnings, its market capitalization divided by $811.9M net income, FY2025. The market capitalization is $10.1B as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Harmony Gold Mining Company Limited's price-to-sales ratio?
Harmony Gold Mining Company Limited (HMY) trades at 2.4x sales, its market capitalization divided by $4.2B revenue, FY2025. The market capitalization is $10.1B as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Harmony Gold Mining Company Limited's Altman Z-Score?
Harmony Gold Mining Company Limited (HMY) has an Altman Z-Score of 5.90, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Harmony Gold Mining Company Limited's Piotroski F-Score?
Harmony Gold Mining Company Limited (HMY) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Harmony Gold Mining Company Limited's earnings high quality?
Harmony Gold Mining Company Limited (HMY) has an earnings quality ratio of 1.57x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Harmony Gold Mining Company Limited cover its interest payments?
Harmony Gold Mining Company Limited (HMY) has an interest coverage ratio of 76.53x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Harmony Gold Mining Company Limited?
Harmony Gold Mining Company Limited (HMY) scores 75 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.