Harmoney Balance Sheet Health
Financial Health criteria checks 4/6
Harmoney has a total shareholder equity of A$36.5M and total debt of A$739.5M, which brings its debt-to-equity ratio to 2028.5%. Its total assets and total liabilities are A$784.1M and A$747.7M respectively.
Key information
2,028.5%
Debt to equity ratio
AU$739.55m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$38.27m |
| Equity | AU$36.46m |
| Total liabilities | AU$747.66m |
| Total assets | AU$784.12m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HMY's short term assets (A$766.1M) exceed its short term liabilities (A$5.6M).
Long Term Liabilities: HMY's short term assets (A$766.1M) exceed its long term liabilities (A$742.0M).
Debt to Equity History and Analysis
Debt Level: HMY's net debt to equity ratio (1923.5%) is considered high.
Reducing Debt: HMY's debt to equity ratio has increased from 247.3% to 2028.5% 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 55.3% per year.