Pure Hydrogen Corporation Limited

ASX:PH2 Stock Report

Market Cap: AU$39.6m

Pure Hydrogen Balance Sheet Health

Financial Health criteria checks 6/6

Pure Hydrogen has a total shareholder equity of A$30.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$33.4M and A$2.8M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$12.60m
EquityAU$30.64m
Total liabilitiesAU$2.78m
Total assetsAU$33.43m

Recent financial health updates

Recent updates

Pure Hydrogen's (ASX:PH2) Earnings Are Weaker Than They Seem

Mar 23
Pure Hydrogen's (ASX:PH2) Earnings Are Weaker Than They Seem

We're Not Worried About Pure Hydrogen's (ASX:PH2) Cash Burn

Sep 16
We're Not Worried About Pure Hydrogen's (ASX:PH2) Cash Burn

We're Not Worried About Pure Hydrogen's (ASX:PH2) Cash Burn

May 09
We're Not Worried About Pure Hydrogen's (ASX:PH2) Cash Burn

Companies Like Pure Hydrogen (ASX:PH2) Can Afford To Invest In Growth

Jan 22
Companies Like Pure Hydrogen (ASX:PH2) Can Afford To Invest In Growth

Here's Why We're Not At All Concerned With Pure Hydrogen's (ASX:PH2) Cash Burn Situation

Oct 04
Here's Why We're Not At All Concerned With Pure Hydrogen's (ASX:PH2) Cash Burn Situation

Financial Position Analysis

Short Term Liabilities: PH2's short term assets (A$13.2M) exceed its short term liabilities (A$2.3M).

Long Term Liabilities: PH2's short term assets (A$13.2M) exceed its long term liabilities (A$519.0K).


Debt to Equity History and Analysis

Debt Level: PH2 is debt free.

Reducing Debt: PH2 had no debt 5 years ago.

Debt Coverage: PH2 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PH2 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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