Hillgrove Resources Balance Sheet Health
Financial Health criteria checks 2/6
Hillgrove Resources has a total shareholder equity of A$60.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$118.9M and A$58.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.43m |
| Equity | AU$60.21m |
| Total liabilities | AU$58.66m |
| Total assets | AU$118.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HGO's short term assets (A$18.4M) do not cover its short term liabilities (A$37.5M).
Long Term Liabilities: HGO's short term assets (A$18.4M) do not cover its long term liabilities (A$21.2M).
Debt to Equity History and Analysis
Debt Level: HGO is debt free.
Reducing Debt: HGO had no debt 5 years ago.
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 less than a year of cash runway based on its current free cash flow.
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.