Helius Medical Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Helius Medical Technologies has a total shareholder equity of $3.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.9M and $5.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.60m |
| Equity | US$3.02m |
| Total liabilities | US$5.83m |
| Total assets | US$8.85m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 26H's short term assets ($8.6M) exceed its short term liabilities ($1.4M).
Long Term Liabilities: 26H's short term assets ($8.6M) exceed its long term liabilities ($4.4M).
Debt to Equity History and Analysis
Debt Level: 26H is debt free.
Reducing Debt: 26H had no debt 5 years ago.
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: 26H has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 26H has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/13 01:07 |
| End of Day Share Price | 2023/08/16 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Helius Medical Technologies, Inc. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anthony Vendetti | Maxim Group |
| Steven Lichtman | Oppenheimer & Co. Inc. |
| Andre Uddin | Research Capital Corporation |