Harvest Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Harvest Technology Group has a total shareholder equity of A$3.8M and total debt of A$5.1M, which brings its debt-to-equity ratio to 134.7%. Its total assets and total liabilities are A$11.9M and A$8.1M respectively.
Key information
134.7%
Debt to equity ratio
AU$5.11m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$634.06k |
| Equity | AU$3.79m |
| Total liabilities | AU$8.12m |
| Total assets | AU$11.92m |
Recent financial health updates
Harvest Technology Group (ASX:HTG) Is Carrying A Fair Bit Of Debt
Jun 10
Harvest Technology Group (ASX:HTG) Has Debt But No Earnings; Should You Worry?
Dec 01Is Harvest Technology Group (ASX:HTG) Weighed On By Its Debt Load?
Aug 31Is Harvest Technology Group (ASX:HTG) Using Debt Sensibly?
Oct 12Does Harvest Technology Group (ASX:HTG) Have A Healthy Balance Sheet?
Mar 14Recent updates
Harvest Technology Group (ASX:HTG) Is Carrying A Fair Bit Of Debt
Jun 10Harvest Technology Group (ASX:HTG) Has Debt But No Earnings; Should You Worry?
Dec 01Is Harvest Technology Group (ASX:HTG) Weighed On By Its Debt Load?
Aug 31Harvest Technology Group Ltd's (ASX:HTG) Intrinsic Value Is Potentially 67% Above Its Share Price
Jun 23Is Harvest Technology Group (ASX:HTG) Using Debt Sensibly?
Oct 12Does Harvest Technology Group (ASX:HTG) Have A Healthy Balance Sheet?
Mar 14When Can We Expect A Profit From Harvest Technology Group Ltd (ASX:HTG)?
Feb 15
What Type Of Shareholders Make Up Harvest Technology Group Ltd's (ASX:HTG) Share Registry?
Jan 20Have Insiders Been Selling Harvest Technology Group Ltd (ASX:HTG) Shares This Year?
Dec 25Did You Participate In Any Of Harvest Technology Group's (ASX:HTG) Incredible 828% Return?
Dec 04Financial Position Analysis
Short Term Liabilities: HTG's short term assets (A$3.3M) do not cover its short term liabilities (A$6.8M).
Long Term Liabilities: HTG's short term assets (A$3.3M) exceed its long term liabilities (A$1.3M).
Debt to Equity History and Analysis
Debt Level: HTG's net debt to equity ratio (118%) is considered high.
Reducing Debt: HTG's debt to equity ratio has increased from 7.2% to 134.7% 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: HTG has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HTG is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.