Helium Evolution Balance Sheet Health
Financial Health criteria checks 6/6
Helium Evolution has a total shareholder equity of CA$10.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.9M and CA$374.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.86m |
| Equity | CA$10.49m |
| Total liabilities | CA$374.00k |
| Total assets | CA$10.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEVI's short term assets (CA$4.9M) exceed its short term liabilities (CA$218.0K).
Long Term Liabilities: HEVI's short term assets (CA$4.9M) exceed its long term liabilities (CA$156.0K).
Debt to Equity History and Analysis
Debt Level: HEVI is debt free.
Reducing Debt: HEVI 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: HEVI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HEVI has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 1.9% each year.