Powertap Hydrogen Capital Balance Sheet Health
Financial Health criteria checks 4/6
Powertap Hydrogen Capital has a total shareholder equity of CA$6.7M and total debt of CA$184.2K, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CA$8.3M and CA$1.5M respectively.
Key information
2.7%
Debt to equity ratio
CA$184.22k
Debt
Interest coverage ratio | n/a |
Cash | CA$2.67m |
Equity | CA$6.73m |
Total liabilities | CA$1.54m |
Total assets | CA$8.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2K6's short term assets (CA$2.7M) exceed its short term liabilities (CA$1.5M).
Long Term Liabilities: 2K6 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2K6 has more cash than its total debt.
Reducing Debt: 2K6's debt to equity ratio has reduced from 170.6% to 2.7% 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: Insufficient data to determine if 2K6 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2K6 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.