Primary Hydrogen Balance Sheet Health
Financial Health criteria checks 6/6
Primary Hydrogen has a total shareholder equity of CA$669.8K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$731.9K and CA$62.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$516.64k |
| Equity | CA$669.83k |
| Total liabilities | CA$62.07k |
| Total assets | CA$731.91k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HDRO's short term assets (CA$530.5K) exceed its short term liabilities (CA$62.1K).
Long Term Liabilities: HDRO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HDRO is debt free.
Reducing Debt: HDRO has not had any debt for 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: HDRO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HDRO has sufficient cash runway for 3 years if free cash flow continues to grow at historical rates of 31.7% each year.