Horus Balance Sheet Health
Financial Health criteria checks 6/6
Horus has a total shareholder equity of €4.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €5.1M and €194.4K respectively. Horus's EBIT is €684.5K making its interest coverage ratio -6.9. It has cash and short-term investments of €3.2M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -6.9x |
Cash | €3.18m |
Equity | €4.87m |
Total liabilities | €194.38k |
Total assets | €5.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRU's short term assets (€3.2M) exceed its short term liabilities (€1.1K).
Long Term Liabilities: HRU's short term assets (€3.2M) exceed its long term liabilities (€193.2K).
Debt to Equity History and Analysis
Debt Level: HRU is debt free.
Reducing Debt: HRU had no debt 5 years ago.
Debt Coverage: HRU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HRU has no debt, therefore coverage of interest payments is not a concern.