HS GovTech Solutions Balance Sheet Health
Financial Health criteria checks 1/6
HS GovTech Solutions has a total shareholder equity of $3.2M and total debt of $3.0M, which brings its debt-to-equity ratio to 91.9%. Its total assets and total liabilities are $9.1M and $5.9M respectively.
Key information
91.9%
Debt to equity ratio
US$2.95m
Debt
| Interest coverage ratio | n/a |
| Cash | US$313.95k |
| Equity | US$3.21m |
| Total liabilities | US$5.89m |
| Total assets | US$9.11m |
Financial Position Analysis
Short Term Liabilities: HS's short term assets ($2.6M) do not cover its short term liabilities ($4.6M).
Long Term Liabilities: HS's short term assets ($2.6M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: HS's net debt to equity ratio (82.2%) is considered high.
Reducing Debt: HS's debt to equity ratio has increased from 17.1% to 91.9% 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: HS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.3% each year