High Peak Royalties Balance Sheet Health
Financial Health criteria checks 6/6
High Peak Royalties has a total shareholder equity of A$9.2M and total debt of A$1.1M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are A$10.5M and A$1.3M respectively.
Key information
12.3%
Debt to equity ratio
AU$1.13m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.28m |
| Equity | AU$9.24m |
| Total liabilities | AU$1.28m |
| Total assets | AU$10.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPR's short term assets (A$1.5M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: HPR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HPR has more cash than its total debt.
Reducing Debt: HPR's debt to equity ratio has reduced from 24.8% to 12.3% 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: Whilst unprofitable HPR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HPR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39.9% per year.