hGears Balance Sheet Health
Financial Health criteria checks 6/6
hGears has a total shareholder equity of €65.7M and total debt of €19.2M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are €123.9M and €58.1M respectively.
Key information
29.3%
Debt to equity ratio
€19.23m
Debt
| Interest coverage ratio | n/a |
| Cash | €21.73m |
| Equity | €65.72m |
| Total liabilities | €58.14m |
| Total assets | €123.86m |
Recent financial health updates
Is hGears (ETR:HGEA) Weighed On By Its Debt Load?
Oct 19
Is hGears (ETR:HGEA) Using Too Much Debt?
Jun 05Recent updates
hGears AG's (ETR:HGEA) 27% Share Price Plunge Could Signal Some Risk
Nov 22Is hGears (ETR:HGEA) Weighed On By Its Debt Load?
Oct 19Earnings Release: Here's Why Analysts Cut Their hGears AG (ETR:HGEA) Price Target To €2.73
Aug 15Is hGears (ETR:HGEA) Using Too Much Debt?
Jun 05hGears AG (ETR:HGEA) Just Reported, And Analysts Assigned A €3.13 Price Target
Apr 01Is Now An Opportune Moment To Examine hGears AG (ETR:HGEA)?
Mar 06hGears AG's (ETR:HGEA) Price Is Out Of Tune With Revenues
Jul 20hGears AG (ETR:HGEA) Analysts Are Reducing Their Forecasts For This Year
Jun 08hGears (ETR:HGEA) May Have Issues Allocating Its Capital
Jun 03hGears AG (ETR:HGEA) Just Reported, And Analysts Assigned A €8.67 Price Target
Apr 02Financial Position Analysis
Short Term Liabilities: HGEA's short term assets (€53.6M) exceed its short term liabilities (€37.2M).
Long Term Liabilities: HGEA's short term assets (€53.6M) exceed its long term liabilities (€21.0M).
Debt to Equity History and Analysis
Debt Level: HGEA has more cash than its total debt.
Reducing Debt: HGEA's debt to equity ratio has reduced from 231.4% to 29.3% 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: Whilst unprofitable HGEA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HGEA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.9% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 18:27 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
hGears AG is covered by 5 analysts. 2 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 |
|---|---|
| Christian Glowa | Hauck Aufhäuser Investment Banking |
| Ahmed Ben Salem | ODDO BHF Corporate & Markets |
| Martijn den Drijver | ODDO BHF Corporate & Markets |