SunHydrogen Balance Sheet Health
Financial Health criteria checks 4/6
SunHydrogen has a total shareholder equity of $44.9M and total debt of $64.9K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are $45.4M and $504.1K respectively.
Key information
0.1%
Debt to equity ratio
US$64.94k
Debt
| Interest coverage ratio | n/a |
| Cash | US$42.19m |
| Equity | US$44.89m |
| Total liabilities | US$504.12k |
| Total assets | US$45.40m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1H3's short term assets ($42.2M) exceed its short term liabilities ($494.9K).
Long Term Liabilities: 1H3's short term assets ($42.2M) exceed its long term liabilities ($9.2K).
Debt to Equity History and Analysis
Debt Level: 1H3 has more cash than its total debt.
Reducing Debt: 1H3 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 1H3 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1H3 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.