Pure Hydrogen Balance Sheet Health
Financial Health criteria checks 4/6
Pure Hydrogen has a total shareholder equity of A$28.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$33.1M and A$4.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$8.56m |
| Equity | AU$28.72m |
| Total liabilities | AU$4.33m |
| Total assets | AU$33.06m |
Recent financial health updates
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
May 09Companies Like Pure Hydrogen (ASX:PH2) Can Afford To Invest In Growth
Jan 22Here's Why We're Not At All Concerned With Pure Hydrogen's (ASX:PH2) Cash Burn Situation
Oct 04Recent updates
Pure Hydrogen's (ASX:PH2) Earnings Are Weaker Than They Seem
Mar 23We're Not Worried About Pure Hydrogen's (ASX:PH2) Cash Burn
Sep 16We're Not Worried About Pure Hydrogen's (ASX:PH2) Cash Burn
May 09Companies Like Pure Hydrogen (ASX:PH2) Can Afford To Invest In Growth
Jan 22Here's Why We're Not At All Concerned With Pure Hydrogen's (ASX:PH2) Cash Burn Situation
Oct 04Financial Position Analysis
Short Term Liabilities: PH2's short term assets (A$13.1M) exceed its short term liabilities (A$2.1M).
Long Term Liabilities: PH2's short term assets (A$13.1M) exceed its long term liabilities (A$2.2M).
Debt to Equity History and Analysis
Debt Level: PH2 is debt free.
Reducing Debt: PH2 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.
Forecast Cash Runway: Insufficient data to determine if PH2 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.