HeiQ Balance Sheet Health
Financial Health criteria checks 3/6
HeiQ has a total shareholder equity of $25.4M and total debt of $11.2M, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are $62.6M and $37.1M respectively.
Key information
44.1%
Debt to equity ratio
US$11.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.03m |
| Equity | US$25.43m |
| Total liabilities | US$37.13m |
| Total assets | US$62.56m |
Recent financial health updates
Recent updates
HeiQ Plc (LON:HEIQ) Stock's 51% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Sep 13
Potential Upside For HeiQ Plc (LON:HEIQ) Not Without Risk
Jul 19Slammed 26% HeiQ Plc (LON:HEIQ) Screens Well Here But There Might Be A Catch
Feb 02Investors Give HeiQ Plc (LON:HEIQ) Shares A 26% Hiding
Dec 03Are Investors Undervaluing HeiQ Plc (LON:HEIQ) By 48%?
May 06Robust Earnings May Not Tell The Whole Story For HeiQ (LON:HEIQ)
May 05Financial Position Analysis
Short Term Liabilities: HEIQ's short term assets ($22.5M) exceed its short term liabilities ($22.0M).
Long Term Liabilities: HEIQ's short term assets ($22.5M) exceed its long term liabilities ($15.1M).
Debt to Equity History and Analysis
Debt Level: HEIQ's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: HEIQ's debt to equity ratio has increased from 15.5% to 44.1% 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: HEIQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HEIQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 61% each year