Hummingbird Resources Balance Sheet Health
Financial Health criteria checks 1/6
Hummingbird Resources has a total shareholder equity of $170.6M and total debt of $184.9M, which brings its debt-to-equity ratio to 108.4%. Its total assets and total liabilities are $610.2M and $439.6M respectively.
Key information
108.4%
Debt to equity ratio
US$184.89m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.86m |
| Equity | US$170.58m |
| Total liabilities | US$439.59m |
| Total assets | US$610.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2HM's short term assets ($62.2M) do not cover its short term liabilities ($297.4M).
Long Term Liabilities: 2HM's short term assets ($62.2M) do not cover its long term liabilities ($142.2M).
Debt to Equity History and Analysis
Debt Level: 2HM's net debt to equity ratio (105.5%) is considered high.
Reducing Debt: 2HM's debt to equity ratio has increased from 53.3% to 108.4% 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: 2HM has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if 2HM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.