Dialight Balance Sheet Health
Financial Health criteria checks 4/6
Dialight has a total shareholder equity of $63.9M and total debt of $27.9M, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are $140.4M and $76.5M respectively.
Key information
43.7%
Debt to equity ratio
US$27.90m
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.50m |
| Equity | US$63.90m |
| Total liabilities | US$76.50m |
| Total assets | US$140.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3HQ's short term assets ($93.7M) exceed its short term liabilities ($66.8M).
Long Term Liabilities: 3HQ's short term assets ($93.7M) exceed its long term liabilities ($9.7M).
Debt to Equity History and Analysis
Debt Level: 3HQ's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: 3HQ's debt to equity ratio has increased from 15.8% to 43.7% 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: 3HQ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 3HQ has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.3% each year.