Hubify Balance Sheet Health
Financial Health criteria checks 5/6
Hubify has a total shareholder equity of A$9.4M and total debt of A$194.9K, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are A$16.6M and A$7.2M respectively. Hubify's EBIT is A$491.7K making its interest coverage ratio 8. It has cash and short-term investments of A$4.4M.
Key information
2.1%
Debt to equity ratio
AU$194.87k
Debt
Interest coverage ratio | 8x |
Cash | AU$4.35m |
Equity | AU$9.37m |
Total liabilities | AU$7.21m |
Total assets | AU$16.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HFY's short term assets (A$6.9M) exceed its short term liabilities (A$4.4M).
Long Term Liabilities: HFY's short term assets (A$6.9M) exceed its long term liabilities (A$2.8M).
Debt to Equity History and Analysis
Debt Level: HFY has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HFY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HFY's debt is well covered by operating cash flow (695.8%).
Interest Coverage: HFY's interest payments on its debt are well covered by EBIT (8x coverage).