HighCom Balance Sheet Health
Financial Health criteria checks 3/6
HighCom has a total shareholder equity of A$28.9M and total debt of A$1.5M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are A$36.8M and A$7.9M respectively.
Key information
5.3%
Debt to equity ratio
AU$1.52m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.58m |
Equity | AU$28.87m |
Total liabilities | AU$7.91m |
Total assets | AU$36.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCL's short term assets (A$25.4M) exceed its short term liabilities (A$7.0M).
Long Term Liabilities: HCL's short term assets (A$25.4M) exceed its long term liabilities (A$866.9K).
Debt to Equity History and Analysis
Debt Level: HCL has more cash than its total debt.
Reducing Debt: HCL's debt to equity ratio has increased from 0% to 5.3% over the past 5 years.
Debt Coverage: HCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HCL's interest payments on its debt are well covered by EBIT.