Hiremii Balance Sheet Health
Financial Health criteria checks 4/6
Hiremii has a total shareholder equity of A$798.4K and total debt of A$1.1M, which brings its debt-to-equity ratio to 141.3%. Its total assets and total liabilities are A$5.7M and A$4.9M respectively.
Key information
141.3%
Debt to equity ratio
AU$1.13m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$850.43k |
| Equity | AU$798.37k |
| Total liabilities | AU$4.91m |
| Total assets | AU$5.71m |
Financial Position Analysis
Short Term Liabilities: HMI's short term assets (A$4.5M) do not cover its short term liabilities (A$4.8M).
Long Term Liabilities: HMI's short term assets (A$4.5M) exceed its long term liabilities (A$115.6K).
Debt to Equity History and Analysis
Debt Level: HMI's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HMI's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HMI has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HMI is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.