Highfield Resources Balance Sheet Health
Financial Health criteria checks 4/6
Highfield Resources has a total shareholder equity of A$134.4M and total debt of A$41.5M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are A$203.5M and A$69.0M respectively.
Key information
30.9%
Debt to equity ratio
AU$41.53m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$10.26m |
| Equity | AU$134.44m |
| Total liabilities | AU$69.04m |
| Total assets | AU$203.49m |
Recent financial health updates
Is Highfield Resources (ASX:HFR) A Risky Investment?
Jun 24
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 02Recent updates
Is Highfield Resources (ASX:HFR) A Risky Investment?
Jun 24Highfield 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$43.0M) do not cover its short term liabilities (A$65.8M).
Long Term Liabilities: HFR's short term assets (A$43.0M) exceed its long term liabilities (A$3.3M).
Debt to Equity History and Analysis
Debt Level: HFR's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: HFR's debt to equity ratio has increased from 0% to 30.9% 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: HFR has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HFR is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.