Hydract Balance Sheet Health
Financial Health criteria checks 3/6
Hydract has a total shareholder equity of DKK23.3M and total debt of DKK12.1M, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are DKK40.6M and DKK17.3M respectively.
Key information
52.0%
Debt to equity ratio
DKK 12.13m
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 217.00k |
| Equity | DKK 23.34m |
| Total liabilities | DKK 17.30m |
| Total assets | DKK 40.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8X3's short term assets (DKK7.2M) exceed its short term liabilities (DKK4.0M).
Long Term Liabilities: 8X3's short term assets (DKK7.2M) do not cover its long term liabilities (DKK13.3M).
Debt to Equity History and Analysis
Debt Level: 8X3's net debt to equity ratio (51%) is considered high.
Reducing Debt: Insufficient data to determine if 8X3's debt to equity ratio has reduced 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: 8X3 has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8X3 is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.