Hempalta Balance Sheet Health
Financial Health criteria checks 3/6
Hempalta has a total shareholder equity of CA$6.1M and total debt of CA$726.3K, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CA$8.1M and CA$2.0M respectively.
Key information
11.9%
Debt to equity ratio
CA$726.28k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.71m |
| Equity | CA$6.08m |
| Total liabilities | CA$2.05m |
| Total assets | CA$8.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEMP's short term assets (CA$2.6M) exceed its short term liabilities (CA$644.0K).
Long Term Liabilities: HEMP's short term assets (CA$2.6M) exceed its long term liabilities (CA$1.4M).
Debt to Equity History and Analysis
Debt Level: HEMP has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HEMP'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: HEMP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HEMP has less than a year of cash runway if free cash flow continues to grow at historical rates of 70.9% each year.