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
No updates
Financial 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.