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Hills Balance Sheet Health
Financial Health criteria checks 1/6
Hills has a total shareholder equity of A$5.5M and total debt of A$6.5M, which brings its debt-to-equity ratio to 118.9%. Its total assets and total liabilities are A$29.1M and A$23.7M respectively.
Key information
118.9%
Debt to equity ratio
AU$6.50m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.57m |
Equity | AU$5.46m |
Total liabilities | AU$23.65m |
Total assets | AU$29.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HIL's short term assets (A$17.0M) do not cover its short term liabilities (A$20.2M).
Long Term Liabilities: HIL's short term assets (A$17.0M) exceed its long term liabilities (A$3.4M).
Debt to Equity History and Analysis
Debt Level: HIL's net debt to equity ratio (90.2%) is considered high.
Reducing Debt: HIL's debt to equity ratio has increased from 39.7% to 118.9% 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: HIL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HIL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.4% each year