Pure Hydrogen Balance Sheet Health
Financial Health criteria checks 4/6
Pure Hydrogen has a total shareholder equity of A$27.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$32.5M and A$4.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.97m |
| Equity | AU$27.64m |
| Total liabilities | AU$4.82m |
| Total assets | AU$32.45m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PH2's short term assets (A$12.4M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: PH2's short term assets (A$12.4M) exceed its long term liabilities (A$2.6M).
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.
Stable Cash Runway: Insufficient data to determine if PH2 has enough cash runway based on its current free cash flow.
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.