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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/22 04:49 |
| End of Day Share Price | 2023/11/20 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HS GovTech Solutions Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mike Stevens | Echelon Wealth Partners Inc. |