Highfield Resources Balance Sheet Health
Financial Health criteria checks 3/6
Highfield Resources has a total shareholder equity of A$143.3M and total debt of A$32.7M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are A$203.9M and A$60.6M respectively.
Key information
22.8%
Debt to equity ratio
AU$32.68m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$14.08m |
| Equity | AU$143.29m |
| Total liabilities | AU$60.62m |
| Total assets | AU$203.92m |
Recent financial health updates
Highfield Resources (ASX:HFR) Is Making Moderate Use Of Debt
Sep 26
Highfield Resources (ASX:HFR) Has Debt But No Earnings; Should You Worry?
May 21Here's Why We're Watching Highfield Resources' (ASX:HFR) Cash Burn Situation
Sep 24We're Not Very Worried About Highfield Resources' (ASX:HFR) Cash Burn Rate
May 31Will Highfield Resources (ASX:HFR) Spend Its Cash Wisely?
Mar 02We're Keeping An Eye On Highfield Resources' (ASX:HFR) Cash Burn Rate
Nov 06Recent updates
Highfield Resources (ASX:HFR) Is Making Moderate Use Of Debt
Sep 26Highfield Resources (ASX:HFR) Has Debt But No Earnings; Should You Worry?
May 21Here's Why We're Watching Highfield Resources' (ASX:HFR) Cash Burn Situation
Sep 24We're Not Very Worried About Highfield Resources' (ASX:HFR) Cash Burn Rate
May 31Will Highfield Resources (ASX:HFR) Spend Its Cash Wisely?
Mar 02We're Keeping An Eye On Highfield Resources' (ASX:HFR) Cash Burn Rate
Nov 06Is Highfield Resources (ASX:HFR) In A Good Position To Invest In Growth?
May 24Is Highfield Resources (ASX:HFR) In A Good Position To Invest In Growth?
Jan 17Financial Position Analysis
Short Term Liabilities: HFR's short term assets (A$42.3M) exceed its short term liabilities (A$26.8M).
Long Term Liabilities: HFR's short term assets (A$42.3M) exceed its long term liabilities (A$33.8M).
Debt to Equity History and Analysis
Debt Level: HFR's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: HFR's debt to equity ratio has increased from 0% to 22.8% 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: HFR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HFR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.7% each year