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.