Hermes Pacific Investments Balance Sheet Health
Financial Health criteria checks 6/6
Hermes Pacific Investments has a total shareholder equity of £3.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £3.5M and £25.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£2.57m |
Equity | UK£3.44m |
Total liabilities | UK£25.00k |
Total assets | UK£3.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPAC's short term assets (£2.6M) exceed its short term liabilities (£25.0K).
Long Term Liabilities: HPAC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HPAC is debt free.
Reducing Debt: HPAC has not had any debt for 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: HPAC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HPAC has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 2.8% each year