Hybrid Power Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Hybrid Power Solutions has a total shareholder equity of CA$1.6M and total debt of CA$1.2M, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are CA$4.7M and CA$3.1M respectively.
Key information
75.6%
Debt to equity ratio
CA$1.23m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$957.83k |
| Equity | CA$1.63m |
| Total liabilities | CA$3.06m |
| Total assets | CA$4.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPSS's short term assets (CA$4.1M) exceed its short term liabilities (CA$2.5M).
Long Term Liabilities: HPSS's short term assets (CA$4.1M) exceed its long term liabilities (CA$593.5K).
Debt to Equity History and Analysis
Debt Level: HPSS's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HPSS's debt to equity ratio has reduced 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: HPSS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HPSS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 64.1% each year