HeraMED Balance Sheet Health
Financial Health criteria checks 5/6
HeraMED has a total shareholder equity of $466.7K and total debt of $177.9K, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are $2.0M and $1.5M respectively.
Key information
38.1%
Debt to equity ratio
US$177.86k
Debt
Interest coverage ratio | n/a |
Cash | US$752.72k |
Equity | US$466.70k |
Total liabilities | US$1.55m |
Total assets | US$2.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMD's short term assets ($1.3M) exceed its short term liabilities ($1.0M).
Long Term Liabilities: HMD's short term assets ($1.3M) exceed its long term liabilities ($520.1K).
Debt to Equity History and Analysis
Debt Level: HMD has more cash than its total debt.
Reducing Debt: HMD's debt to equity ratio has increased from 3.6% to 38.1% 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: HMD has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HMD is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.