Hydrix Balance Sheet Health
Financial Health criteria checks 1/6
Hydrix has a total shareholder equity of A$2.6M and total debt of A$4.0M, which brings its debt-to-equity ratio to 151.4%. Its total assets and total liabilities are A$11.7M and A$9.1M respectively.
Key information
151.4%
Debt to equity ratio
AU$3.99m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$847.28k |
| Equity | AU$2.64m |
| Total liabilities | AU$9.07m |
| Total assets | AU$11.70m |
Financial Position Analysis
Short Term Liabilities: HYD's short term assets (A$3.0M) do not cover its short term liabilities (A$4.6M).
Long Term Liabilities: HYD's short term assets (A$3.0M) do not cover its long term liabilities (A$4.5M).
Debt to Equity History and Analysis
Debt Level: HYD's net debt to equity ratio (119.2%) is considered high.
Reducing Debt: HYD's debt to equity ratio has reduced from 162.5% to 151.4% 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: HYD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HYD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.3% each year