Hexagon Energy Materials Balance Sheet Health
Financial Health criteria checks 5/6
Hexagon Energy Materials has a total shareholder equity of A$2.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.0M and A$1.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.03m |
Equity | AU$2.50m |
Total liabilities | AU$1.54m |
Total assets | AU$4.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HXG's short term assets (A$1.0M) do not cover its short term liabilities (A$1.5M).
Long Term Liabilities: HXG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HXG is debt free.
Reducing Debt: HXG has not had any debt for 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: HXG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HXG has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 13.5% each year.