Hybrid Power Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Hybrid Power Solutions has a total shareholder equity of CA$309.4K and total debt of CA$1.1M, which brings its debt-to-equity ratio to 351.7%. Its total assets and total liabilities are CA$3.3M and CA$3.0M respectively.
Key information
351.7%
Debt to equity ratio
CA$1.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$26.69k |
| Equity | CA$309.40k |
| Total liabilities | CA$3.01m |
| Total assets | CA$3.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPSS's short term assets (CA$2.8M) exceed its short term liabilities (CA$2.6M).
Long Term Liabilities: HPSS's short term assets (CA$2.8M) exceed its long term liabilities (CA$416.3K).
Debt to Equity History and Analysis
Debt Level: HPSS's net debt to equity ratio (343.1%) is considered high.
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 56% each year