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Harbor Custom Development Balance Sheet Health
Financial Health criteria checks 1/6
Harbor Custom Development has a total shareholder equity of $8.5M and total debt of $140.0M, which brings its debt-to-equity ratio to 1651.7%. Its total assets and total liabilities are $166.8M and $158.3M respectively.
Key information
1,651.7%
Debt to equity ratio
US$140.03m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.57m |
| Equity | US$8.48m |
| Total liabilities | US$158.27m |
| Total assets | US$166.75m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 5EI1's short term assets ($6.7M) do not cover its short term liabilities ($141.8M).
Long Term Liabilities: 5EI1's short term assets ($6.7M) do not cover its long term liabilities ($16.5M).
Debt to Equity History and Analysis
Debt Level: 5EI1's net debt to equity ratio (1609.5%) is considered high.
Reducing Debt: 5EI1 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 5EI1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 5EI1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.7% each year