Hertz Energy Balance Sheet Health
Financial Health criteria checks 3/6
Hertz Energy has a total shareholder equity of CA$8.5M and total debt of CA$272.1K, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CA$9.9M and CA$1.4M respectively.
Key information
3.2%
Debt to equity ratio
CA$272.12k
Debt
Interest coverage ratio | n/a |
Cash | CA$2.10m |
Equity | CA$8.50m |
Total liabilities | CA$1.40m |
Total assets | CA$9.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HZ's short term assets (CA$3.0M) exceed its short term liabilities (CA$1.3M).
Long Term Liabilities: HZ's short term assets (CA$3.0M) exceed its long term liabilities (CA$105.7K).
Debt to Equity History and Analysis
Debt Level: HZ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HZ'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: HZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 99.6% each year