Hexima Balance Sheet Health
Financial Health criteria checks 6/6
Hexima has a total shareholder equity of A$2.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.3M and A$248.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.23m |
| Equity | AU$2.02m |
| Total liabilities | AU$248.67k |
| Total assets | AU$2.27m |
Financial Position Analysis
Short Term Liabilities: HXL's short term assets (A$2.3M) exceed its short term liabilities (A$248.7K).
Long Term Liabilities: HXL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HXL is debt free.
Reducing Debt: HXL has no debt compared to 5 years ago when its debt to equity ratio was 88.2%.
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 3 years based on its current free cash flow.
Forecast Cash Runway: HXL has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9.4% each year