Hygrovest Balance Sheet Health
Financial Health criteria checks 6/6
Hygrovest has a total shareholder equity of A$19.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.9M and A$2.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$21.73m |
| Equity | AU$19.22m |
| Total liabilities | AU$2.68m |
| Total assets | AU$21.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HGV's short term assets (A$21.8M) exceed its short term liabilities (A$161.0K).
Long Term Liabilities: HGV's short term assets (A$21.8M) exceed its long term liabilities (A$2.5M).
Debt to Equity History and Analysis
Debt Level: HGV is debt free.
Reducing Debt: HGV had no debt 5 years ago.
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: HGV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HGV has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6.7% each year