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Halo Food Balance Sheet Health
Financial Health criteria checks 2/6
Halo Food has a total shareholder equity of A$9.0M and total debt of A$15.3M, which brings its debt-to-equity ratio to 169.8%. Its total assets and total liabilities are A$58.6M and A$49.6M respectively.
Key information
169.8%
Debt to equity ratio
AU$15.28m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.77m |
| Equity | AU$8.99m |
| Total liabilities | AU$49.61m |
| Total assets | AU$58.61m |
Recent financial health updates
Health Check: How Prudently Does Halo Food (ASX:HLF) Use Debt?
Dec 02
Would Halo Food (ASX:HLF) Be Better Off With Less Debt?
Dec 02Recent updates
Health Check: How Prudently Does Halo Food (ASX:HLF) Use Debt?
Dec 02Would Halo Food (ASX:HLF) Be Better Off With Less Debt?
Dec 02Don't Ignore The Fact That This Insider Just Sold Some Shares In Keytone Dairy Corporation Limited (ASX:KTD)
Feb 20Have Insiders Been Selling Keytone Dairy Corporation Limited (ASX:KTD) Shares?
Nov 21Financial Position Analysis
Short Term Liabilities: HLF's short term assets (A$29.9M) exceed its short term liabilities (A$28.6M).
Long Term Liabilities: HLF's short term assets (A$29.9M) exceed its long term liabilities (A$21.0M).
Debt to Equity History and Analysis
Debt Level: HLF's net debt to equity ratio (139%) is considered high.
Reducing Debt: HLF's debt to equity ratio has increased from 0% to 169.8% 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: HLF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HLF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.4% each year