Alpha HPA Balance Sheet Health

Financial Health criteria checks 5/6

Alpha HPA has a total shareholder equity of A$247.2M and total debt of A$3.2M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are A$267.3M and A$20.1M respectively.

Key information

1.3%

Debt to equity ratio

AU$3.22m

Debt

Interest coverage ratio	n/a
Cash	AU$189.62m
Equity	AU$247.17m
Total liabilities	AU$20.12m
Total assets	AU$267.30m

Recent financial health updates

Recent updates

Is Alpha HPA (ASX:A4N) Weighed On By Its Debt Load?

Mar 16

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

Oct 19

Is Alpha HPA (ASX:A4N) In A Good Position To Deliver On Growth Plans?

Feb 10

Will Alpha HPA (ASX:A4N) Spend Its Cash Wisely?

Oct 04

Companies Like Alpha HPA (ASX:A4N) Are In A Position To Invest In Growth

May 24

At AU$0.60, Is Alpha HPA Limited (ASX:A4N) Worth Looking At Closely?

Dec 30

We Think Alpha HPA (ASX:A4N) Can Easily Afford To Drive Business Growth

Dec 06

Estimating The Intrinsic Value Of Alpha HPA Limited (ASX:A4N)

Sep 27

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

Aug 20

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

Mar 25

Here's What We Learned About The CEO Pay At Alpha HPA Limited (ASX:A4N)

Feb 01

What Kind Of Investors Own Most Of Alpha HPA Limited (ASX:A4N)?

Dec 21

Financial Position Analysis

Short Term Liabilities: A4N's short term assets (A$201.4M) exceed its short term liabilities (A$14.4M).

Long Term Liabilities: A4N's short term assets (A$201.4M) exceed its long term liabilities (A$5.7M).

Debt to Equity History and Analysis

Debt Level: A4N has more cash than its total debt.

Reducing Debt: A4N's debt to equity ratio has increased from 0% to 1.3% 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: A4N has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: A4N has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 45.3% each year.

Alpha HPA Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Is Alpha HPA (ASX:A4N) Weighed On By Its Debt Load?

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

Is Alpha HPA (ASX:A4N) In A Good Position To Deliver On Growth Plans?

Will Alpha HPA (ASX:A4N) Spend Its Cash Wisely?

Companies Like Alpha HPA (ASX:A4N) Are In A Position To Invest In Growth

We Think Alpha HPA (ASX:A4N) Can Easily Afford To Drive Business Growth

Recent updates

New minor risk - Profitability

Alpha HPA Limited, Annual General Meeting, Nov 27, 2024

Price target decreased by 13% to AU$1.70

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus revenue estimates fall by 60%

No longer forecast to breakeven

Alpha HPA Limited has filed a Follow-on Equity Offering in the amount of AUD 120.000001 million.

Price target increased by 9.4% to AU$1.75

Consensus revenue estimates fall by 53%

Forecast breakeven date pushed back to 2026

Is Alpha HPA (ASX:A4N) Weighed On By Its Debt Load?

First half 2024 earnings released: AU$0.01 loss per share (vs AU$0.005 loss in 1H 2023)

New major risk - Financial position

Alpha HPA Limited Appoints Marghanita Johnson as an Independent, Non-Executive Director, Effective January 15, 2024

Alpha HPA Limited Appoints Annie Liu as an Independent, Non-Executive Director

Alpha HPA Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million.

Alpha HPA Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million.

Alpha HPA Limited has completed a Follow-on Equity Offering in the amount of AUD 40 million.

Alpha HPA Limited, Annual General Meeting, Nov 28, 2023

Consensus revenue estimates increase by 31%

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

Alpha HPA Limited Appoints Craig Jones as Chief Financial Officer, Effective on or Around 1 February 2024

Alpha HPA Limited Appoints Craig Jones as Chief Financial Officer, Effective on or Around 1 February 2024

Non-Executive Director recently sold AU$494k worth of stock

Full year 2023 earnings: EPS and revenues miss analyst expectations

CFO & Director exercised options to buy AU$2.4m worth of stock.

New major risk - Financial position

Alpha HPA Limited Announces Receipt of Initial Payment of Federal Government Grant Funds

Consensus revenue estimates fall by 63%

Forecast breakeven date pushed back to 2025

Is Alpha HPA (ASX:A4N) In A Good Position To Deliver On Growth Plans?

Alpha Hpa Limited Provides an Update on Project Activities for Hpa First Project

Alpha HPA Limited Provides Update on HPA First Project

Price target increased to AU$1.02

No independent directors

Alpha HPA Limited, Annual General Meeting, Nov 23, 2022

Alpha Hpa Limited Updates on Project Activities for Its Hpa First Project

Consensus forecasts updated

Will Alpha HPA (ASX:A4N) Spend Its Cash Wisely?

Alpha HPA Limited Appoints Regan Crooks as Non-Executive Director

Alpha HPA Limited Provides Update on its First Project

MD, Technical Director & Director exercised options to buy AU$1.1m worth of stock.

Alpha HPA Limited Provides Update on Project Activities for HPA First Project

Companies Like Alpha HPA (ASX:A4N) Are In A Position To Invest In Growth

No independent directors

Price target increased to AU$0.92

At AU$0.60, Is Alpha HPA Limited (ASX:A4N) Worth Looking At Closely?

Alpha HPA Limited Provided an Update on Project Activities for Its HPA First Project

We Think Alpha HPA (ASX:A4N) Can Easily Afford To Drive Business Growth

Non-Executive Director recently bought AU$100k worth of stock

Estimating The Intrinsic Value Of Alpha HPA Limited (ASX:A4N)

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

Price target increased to AU$0.87

Forecast to breakeven in 2024

Non-Executive Director recently bought AU$90k worth of stock

the Board of Alpha HPA Limited Provides an Update on HPA First Project

Insider recently sold AU$2.5m worth of stock

Is Alpha HPA (ASX:A4N) In A Good Position To Invest In Growth?

New 90-day high: AU$0.42

Alpha HPA Limited Announces Appointment of Cameron Peacock as Non-Executive Director

Here's What We Learned About The CEO Pay At Alpha HPA Limited (ASX:A4N)

New 90-day high: AU$0.39

What Kind Of Investors Own Most Of Alpha HPA Limited (ASX:A4N)?

Price target raised to AU$0.42

MD, Technical Director & Director exercised options and sold AU$750k worth of stock

Far East Gold Ltd. signed a conditional share purchase agreement to acquire Wonogiri Copper Gold Project from PT Rajawali Corporation and Alpha HPA Limited (ASX:A4N).

Alpha HPA Limited Announces Manufacture of High-Purity (99.995%) Lithium-Ion Cathode Pre-Cursor

New 90-day high: AU$0.29

New 90-day high - AU$0.25