Helios Energy Balance Sheet Health
Financial Health criteria checks 4/6
Helios Energy has a total shareholder equity of A$45.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$46.9M and A$994.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.09m |
| Equity | AU$45.87m |
| Total liabilities | AU$994.78k |
| Total assets | AU$46.87m |
Recent financial health updates
We Think Helios Energy (ASX:HE8) Needs To Drive Business Growth Carefully
Jun 21
We're Hopeful That Helios Energy (ASX:HE8) Will Use Its Cash Wisely
Jan 23We're Interested To See How Helios Energy (ASX:HE8) Uses Its Cash Hoard To Grow
Jun 16Companies Like Helios Energy (ASX:HE8) Can Afford To Invest In Growth
Feb 21We're Interested To See How Helios Energy (ASX:HE8) Uses Its Cash Hoard To Grow
Oct 12Recent updates
Shareholders May Not Be So Generous With Helios Energy Limited's (ASX:HE8) CEO Compensation And Here's Why
Nov 24We Think Helios Energy (ASX:HE8) Needs To Drive Business Growth Carefully
Jun 21We're Hopeful That Helios Energy (ASX:HE8) Will Use Its Cash Wisely
Jan 23We're Interested To See How Helios Energy (ASX:HE8) Uses Its Cash Hoard To Grow
Jun 16Companies Like Helios Energy (ASX:HE8) Can Afford To Invest In Growth
Feb 21We're Interested To See How Helios Energy (ASX:HE8) Uses Its Cash Hoard To Grow
Oct 12How Much Of Helios Energy Limited (ASX:NHO) Do Insiders Own?
Jan 12
How Should Investors Feel About Helios Energy's (ASX:HE8) CEO Remuneration?
Nov 20Financial Position Analysis
Short Term Liabilities: HE8's short term assets (A$2.6M) exceed its short term liabilities (A$661.7K).
Long Term Liabilities: HE8's short term assets (A$2.6M) exceed its long term liabilities (A$333.0K).
Debt to Equity History and Analysis
Debt Level: HE8 is debt free.
Reducing Debt: HE8 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: HE8 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HE8 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.6% each year