Helium One Global Balance Sheet Health
Financial Health criteria checks 6/6
Helium One Global has a total shareholder equity of $47.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $49.1M and $1.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.65m |
| Equity | US$47.47m |
| Total liabilities | US$1.58m |
| Total assets | US$49.06m |
Recent financial health updates
We Think Helium One Global (LON:HE1) Needs To Drive Business Growth Carefully
Nov 24
We're Not Very Worried About Helium One Global's (LON:HE1) Cash Burn Rate
Jun 06Here's Why We're Watching Helium One Global's (LON:HE1) Cash Burn Situation
Sep 28Is Helium One Global (LON:HE1) In A Good Position To Deliver On Growth Plans?
Jun 15We Think Helium One Global (LON:HE1) Can Afford To Drive Business Growth
Jul 28Here's Why We're Not Too Worried About Helium One Global's (LON:HE1) Cash Burn Situation
Apr 12Recent updates
We Think Helium One Global (LON:HE1) Needs To Drive Business Growth Carefully
Nov 24We're Not Very Worried About Helium One Global's (LON:HE1) Cash Burn Rate
Jun 06Here's Why We're Watching Helium One Global's (LON:HE1) Cash Burn Situation
Sep 28Is Helium One Global (LON:HE1) In A Good Position To Deliver On Growth Plans?
Jun 15We Think Helium One Global (LON:HE1) Can Afford To Drive Business Growth
Jul 28Here's Why We're Not Too Worried About Helium One Global's (LON:HE1) Cash Burn Situation
Apr 12Financial Position Analysis
Short Term Liabilities: HE1's short term assets ($13.3M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: HE1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HE1 is debt free.
Reducing Debt: HE1 has no debt compared to 5 years ago when its debt to equity ratio was 15.5%.
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: HE1 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HE1 is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.