Green Hydrogen Systems Balance Sheet Health
Financial Health criteria checks 2/6
Green Hydrogen Systems has a total shareholder equity of DKK659.3M and total debt of DKK788.3M, which brings its debt-to-equity ratio to 119.6%. Its total assets and total liabilities are DKK1.8B and DKK1.1B respectively.
Key information
119.6%
Debt to equity ratio
DKK 788.29m
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 429.13m |
| Equity | DKK 659.29m |
| Total liabilities | DKK 1.10b |
| Total assets | DKK 1.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GREEHC's short term assets (DKK685.8M) do not cover its short term liabilities (DKK982.5M).
Long Term Liabilities: GREEHC's short term assets (DKK685.8M) exceed its long term liabilities (DKK119.9M).
Debt to Equity History and Analysis
Debt Level: GREEHC's net debt to equity ratio (54.5%) is considered high.
Reducing Debt: Insufficient data to determine if GREEHC'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: GREEHC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GREEHC has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 54.3% each year.