Green Hydrogen Systems Balance Sheet Health
Financial Health criteria checks 1/6
Green Hydrogen Systems has a total shareholder equity of DKK881.8M and total debt of DKK1.2B, which brings its debt-to-equity ratio to 137.2%. Its total assets and total liabilities are DKK2.4B and DKK1.5B respectively.
Key information
137.2%
Debt to equity ratio
kr.1.21b
Debt
| Interest coverage ratio | n/a |
| Cash | kr.499.88m |
| Equity | kr.881.83m |
| Total liabilities | kr.1.48b |
| Total assets | kr.2.37b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GREENH's short term assets (DKK781.6M) do not cover its short term liabilities (DKK1.1B).
Long Term Liabilities: GREENH's short term assets (DKK781.6M) exceed its long term liabilities (DKK382.7M).
Debt to Equity History and Analysis
Debt Level: GREENH's net debt to equity ratio (80.5%) 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 less than a year of cash runway 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 43.4% each year