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 ration/a
CashAU$21.73m
EquityAU$19.22m
Total liabilitiesAU$2.68m
Total assetsAU$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


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