Humble & Fume Balance Sheet Health
Financial Health criteria checks 5/6
Humble & Fume has a total shareholder equity of CA$15.3M and total debt of CA$2.8M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are CA$28.2M and CA$12.9M respectively.
Key information
18.2%
Debt to equity ratio
CA$2.79m
Debt
Interest coverage ratio | n/a |
Cash | CA$2.84m |
Equity | CA$15.30m |
Total liabilities | CA$12.85m |
Total assets | CA$28.15m |
Financial Position Analysis
Short Term Liabilities: HMBL's short term assets (CA$22.5M) exceed its short term liabilities (CA$8.3M).
Long Term Liabilities: HMBL's short term assets (CA$22.5M) exceed its long term liabilities (CA$4.5M).
Debt to Equity History and Analysis
Debt Level: HMBL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HMBL'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: HMBL has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HMBL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.