hiPower Energy Balance Sheet Health
Financial Health criteria checks 3/6
hiPower Energy has a total shareholder equity of PLN25.2M and total debt of PLN1.3M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are PLN26.9M and PLN1.8M respectively. hiPower Energy's EBIT is PLN84.4K making its interest coverage ratio 62.2. It has cash and short-term investments of PLN258.5K.
Key information
5.2%
Debt to equity ratio
zł1.31m
Debt
| Interest coverage ratio | 62.2x |
| Cash | zł258.51k |
| Equity | zł25.19m |
| Total liabilities | zł1.75m |
| Total assets | zł26.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8G6's short term assets (PLN315.7K) do not cover its short term liabilities (PLN1.8M).
Long Term Liabilities: 8G6's short term assets (PLN315.7K) exceed its long term liabilities (PLN52.0).
Debt to Equity History and Analysis
Debt Level: 8G6's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 8G6's debt to equity ratio has reduced from 202.6% to 5.2% 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: 8G6 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8G6 has less than a year of cash runway if free cash flow continues to grow at historical rates of 23.6% each year.