Happy Belly Food Group Balance Sheet Health
Financial Health criteria checks 3/6
Happy Belly Food Group has a total shareholder equity of CA$2.5M and total debt of CA$3.9M, which brings its debt-to-equity ratio to 154.9%. Its total assets and total liabilities are CA$9.2M and CA$6.7M respectively.
Key information
154.9%
Debt to equity ratio
CA$3.93m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.95m |
| Equity | CA$2.54m |
| Total liabilities | CA$6.66m |
| Total assets | CA$9.20m |
Recent financial health updates
Is Happy Belly Food Group (CSE:HBFG) Weighed On By Its Debt Load?
Nov 12
Does Happy Belly Food Group (CSE:HBFG) Have A Healthy Balance Sheet?
Apr 26Recent updates
Is Happy Belly Food Group (CSE:HBFG) Weighed On By Its Debt Load?
Nov 12Here's Why Happy Belly Food Group Inc.'s (CSE:HBFG) CEO Compensation Is The Least Of Shareholders Concerns
Dec 22Does Happy Belly Food Group (CSE:HBFG) Have A Healthy Balance Sheet?
Apr 26Chairman Shawn Moniz Just Bought 92% More Shares In Plant & Co. Brands Ltd. (CSE:VEGN)
Dec 17Financial Position Analysis
Short Term Liabilities: HBFG's short term assets (CA$5.0M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: HBFG's short term assets (CA$5.0M) do not cover its long term liabilities (CA$5.2M).
Debt to Equity History and Analysis
Debt Level: HBFG has more cash than its total debt.
Reducing Debt: HBFG's debt to equity ratio has increased from 0% to 154.9% 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: HBFG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HBFG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Happy Belly Food Group Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Devin Schilling | Ventum Financial Corp |