Harmoney Balance Sheet Health
Financial Health criteria checks 4/6
Harmoney has a total shareholder equity of A$45.5M and total debt of A$740.4M, which brings its debt-to-equity ratio to 1626.5%. Its total assets and total liabilities are A$794.0M and A$748.4M respectively.
Key information
1,626.5%
Debt to equity ratio
AU$740.37m
Debt
Interest coverage ratio | n/a |
Cash | AU$40.98m |
Equity | AU$45.52m |
Total liabilities | AU$748.44m |
Total assets | AU$793.96m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HMY's short term assets (A$766.0M) exceed its short term liabilities (A$3.1M).
Long Term Liabilities: HMY's short term assets (A$766.0M) exceed its long term liabilities (A$745.3M).
Debt to Equity History and Analysis
Debt Level: HMY's net debt to equity ratio (1536.5%) is considered high.
Reducing Debt: HMY's debt to equity ratio has increased from 161.4% to 1626.5% 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: Whilst unprofitable HMY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HMY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.3% per year.