Green Hydrogen Systems Balance Sheet Health
Financial Health criteria checks 2/6
Green Hydrogen Systems has a total shareholder equity of DKK673.1M and total debt of DKK1.2B, which brings its debt-to-equity ratio to 185.4%. Its total assets and total liabilities are DKK2.2B and DKK1.5B respectively.
Key information
185.4%
Debt to equity ratio
DKK 1.25b
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 631.07m |
| Equity | DKK 673.08m |
| Total liabilities | DKK 1.54b |
| Total assets | DKK 2.21b |
Financial Position Analysis
Short Term Liabilities: GREENH's short term assets (DKK972.3M) do not cover its short term liabilities (DKK1.1B).
Long Term Liabilities: GREENH's short term assets (DKK972.3M) exceed its long term liabilities (DKK402.3M).
Debt to Equity History and Analysis
Debt Level: GREENH's net debt to equity ratio (91.6%) is considered high.
Reducing Debt: Insufficient data to determine if GREENH's debt to equity ratio has reduced 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: GREENH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GREENH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.5% each year