Hexagon Energy Materials Balance Sheet Health
Financial Health criteria checks 2/6
Hexagon Energy Materials has a total shareholder equity of A$1.3M and total debt of A$1,000.0K, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are A$4.1M and A$2.8M respectively.
Key information
76.9%
Debt to equity ratio
AU$1.00m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$980.52k |
| Equity | AU$1.30m |
| Total liabilities | AU$2.76m |
| Total assets | AU$4.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HXG's short term assets (A$1.0M) exceed its short term liabilities (A$414.0K).
Long Term Liabilities: HXG's short term assets (A$1.0M) do not cover its long term liabilities (A$2.3M).
Debt to Equity History and Analysis
Debt Level: HXG's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: HXG's debt to equity ratio has increased from 0% to 76.9% 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: HXG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HXG has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.1% each year.