Hillgrove Resources Balance Sheet Health
Financial Health criteria checks 3/6
Hillgrove Resources has a total shareholder equity of A$54.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$101.1M and A$46.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$10.24m |
| Equity | AU$54.88m |
| Total liabilities | AU$46.18m |
| Total assets | AU$101.06m |
Recent financial health updates
Companies Like Hillgrove Resources (ASX:HGO) Are In A Position To Invest In Growth
Sep 22
Is Hillgrove Resources (ASX:HGO) In A Good Position To Invest In Growth?
May 26Is Hillgrove Resources (ASX:HGO) In A Good Position To Deliver On Growth Plans?
Sep 13Is Hillgrove Resources (ASX:HGO) In A Good Position To Invest In Growth?
Apr 11Recent updates
Companies Like Hillgrove Resources (ASX:HGO) Are In A Position To Invest In Growth
Sep 22Is Hillgrove Resources (ASX:HGO) In A Good Position To Invest In Growth?
May 26Is Hillgrove Resources (ASX:HGO) In A Good Position To Deliver On Growth Plans?
Sep 13Is Hillgrove Resources (ASX:HGO) In A Good Position To Invest In Growth?
Apr 11Murray Boyte Is The Non Executive Director of Hillgrove Resources Limited (ASX:HGO) And Just Spent AU$100k On Shares
Feb 17
Estimating The Fair Value Of Hillgrove Resources Limited (ASX:HGO)
Dec 26Financial Position Analysis
Short Term Liabilities: HGO's short term assets (A$14.8M) do not cover its short term liabilities (A$23.7M).
Long Term Liabilities: HGO's short term assets (A$14.8M) do not cover its long term liabilities (A$22.5M).
Debt to Equity History and Analysis
Debt Level: HGO is debt free.
Reducing Debt: HGO has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.
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: HGO has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if HGO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.