Helios Energy Balance Sheet Health
Financial Health criteria checks 2/6
Helios Energy has a total shareholder equity of A$45.2M and total debt of A$47.5K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are A$47.0M and A$1.8M respectively.
Key information
0.1%
Debt to equity ratio
AU$47.53k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$463.84k |
| Equity | AU$45.18m |
| Total liabilities | AU$1.81m |
| Total assets | AU$46.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HE8's short term assets (A$994.7K) do not cover its short term liabilities (A$1.5M).
Long Term Liabilities: HE8's short term assets (A$994.7K) exceed its long term liabilities (A$287.8K).
Debt to Equity History and Analysis
Debt Level: HE8 has more cash than its total debt.
Reducing Debt: HE8's debt to equity ratio has increased from 0% to 0.1% 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: 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 1.7% each year