Herantis Pharma Oyj Balance Sheet Health

Financial Health criteria checks 5/6

Herantis Pharma Oyj has a total shareholder equity of €2.0M and total debt of €30.0K, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are €3.6M and €1.6M respectively.

Key information

1.5%

Debt to equity ratio

€30.00k

Debt

Interest coverage ration/a
Cash€3.49m
Equity€2.04m
Total liabilities€1.61m
Total assets€3.65m

Recent financial health updates

Recent updates

Herantis Pharma Oyj (HEL:HRTIS) Is About To Turn The Corner

Mar 06
Herantis Pharma Oyj (HEL:HRTIS) Is About To Turn The Corner

Financial Position Analysis

Short Term Liabilities: HRTIS's short term assets (€3.6M) exceed its short term liabilities (€1.6M).

Long Term Liabilities: HRTIS's short term assets (€3.6M) exceed its long term liabilities (€25.0K).


Debt to Equity History and Analysis

Debt Level: HRTIS has more cash than its total debt.

Reducing Debt: HRTIS's debt to equity ratio has reduced from 279.5% to 1.5% 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: HRTIS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: HRTIS has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 5.7% each year.


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