Hydract Balance Sheet Health
Financial Health criteria checks 3/6
Hydract has a total shareholder equity of DKK28.7M and total debt of DKK7.3M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are DKK46.4M and DKK17.7M respectively.
Key information
25.4%
Debt to equity ratio
kr.7.31m
Debt
Interest coverage ratio | n/a |
Cash | kr.5.17m |
Equity | kr.28.74m |
Total liabilities | kr.17.67m |
Total assets | kr.46.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYDRCT's short term assets (DKK14.3M) exceed its short term liabilities (DKK8.4M).
Long Term Liabilities: HYDRCT's short term assets (DKK14.3M) exceed its long term liabilities (DKK9.3M).
Debt to Equity History and Analysis
Debt Level: HYDRCT's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HYDRCT'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: HYDRCT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HYDRCT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.9% each year