Hastings Technology Metals Balance Sheet Health
Financial Health criteria checks 4/6
Hastings Technology Metals has a total shareholder equity of A$293.9M and total debt of A$149.7M, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are A$465.7M and A$171.7M respectively.
Key information
50.9%
Debt to equity ratio
AU$149.71m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$38.76m |
| Equity | AU$293.94m |
| Total liabilities | AU$171.73m |
| Total assets | AU$465.67m |
Recent financial health updates
Is Hastings Technology Metals (ASX:HAS) Using Debt Sensibly?
Apr 21
We Think Hastings Technology Metals (ASX:HAS) Can Easily Afford To Drive Business Growth
Aug 30Hastings Technology Metals (ASX:HAS) Is In A Strong Position To Grow Its Business
Oct 05Recent updates
Is There An Opportunity With Hastings Technology Metals Limited's (ASX:HAS) 37% Undervaluation?
Aug 18Is Hastings Technology Metals (ASX:HAS) Using Debt Sensibly?
Apr 21We Think Hastings Technology Metals (ASX:HAS) Can Easily Afford To Drive Business Growth
Aug 30Is There An Opportunity With Hastings Technology Metals Limited's (ASX:HAS) 45% Undervaluation?
Jun 22Hastings Technology Metals (ASX:HAS) Is In A Strong Position To Grow Its Business
Oct 05Do Insiders Own Lots Of Shares In Hastings Technology Metals Limited (ASX:HAS)?
Mar 05Financial Position Analysis
Short Term Liabilities: HAS's short term assets (A$47.4M) exceed its short term liabilities (A$17.9M).
Long Term Liabilities: HAS's short term assets (A$47.4M) do not cover its long term liabilities (A$153.9M).
Debt to Equity History and Analysis
Debt Level: HAS's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: HAS's debt to equity ratio has increased from 0% to 50.9% 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: HAS has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HAS is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.