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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 ration/a
CashAU$1.57m
EquityAU$5.46m
Total liabilitiesAU$23.65m
Total assetsAU$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


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