Hempalta Balance Sheet Health
Financial Health criteria checks 0/6
Hempalta has a total shareholder equity of CA$1.4M and total debt of CA$1.6M, which brings its debt-to-equity ratio to 116.1%. Its total assets and total liabilities are CA$4.3M and CA$3.0M respectively.
Key information
116.1%
Debt to equity ratio
CA$1.60m
Debt
Interest coverage ratio | n/a |
Cash | CA$119.52k |
Equity | CA$1.38m |
Total liabilities | CA$2.95m |
Total assets | CA$4.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEMP's short term assets (CA$666.0K) do not cover its short term liabilities (CA$891.3K).
Long Term Liabilities: HEMP's short term assets (CA$666.0K) do not cover its long term liabilities (CA$2.1M).
Debt to Equity History and Analysis
Debt Level: HEMP's net debt to equity ratio (107.5%) is considered high.
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 105.7% each year.