Hexima Balance Sheet Health
Financial Health criteria checks 6/6
Hexima 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$2.7M and A$105.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.91m |
Equity | AU$2.54m |
Total liabilities | AU$105.90k |
Total assets | AU$2.65m |
Financial Position Analysis
Short Term Liabilities: HXL's short term assets (A$2.7M) exceed its short term liabilities (A$105.9K).
Long Term Liabilities: HXL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HXL is debt free.
Reducing Debt: HXL 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: HXL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HXL has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 19.3% each year.