HYTN Innovations Balance Sheet Health
Financial Health criteria checks 2/6
HYTN Innovations has a total shareholder equity of CA$342.6K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.6M and CA$2.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$291.42k |
| Equity | CA$342.60k |
| Total liabilities | CA$2.26m |
| Total assets | CA$2.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYTN's short term assets (CA$778.4K) do not cover its short term liabilities (CA$1.0M).
Long Term Liabilities: HYTN's short term assets (CA$778.4K) do not cover its long term liabilities (CA$1.2M).
Debt to Equity History and Analysis
Debt Level: HYTN is debt free.
Reducing Debt: HYTN had no debt 5 years ago.
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: HYTN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HYTN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.6% each year