Highlight Event and Entertainment Balance Sheet Health
Financial Health criteria checks 2/6
Highlight Event and Entertainment has a total shareholder equity of CHF219.3M and total debt of CHF300.6M, which brings its debt-to-equity ratio to 137%. Its total assets and total liabilities are CHF828.0M and CHF608.7M respectively. Highlight Event and Entertainment's EBIT is CHF46.0K making its interest coverage ratio 0. It has cash and short-term investments of CHF13.7M.
Key information
137.0%
Debt to equity ratio
CHF 300.57m
Debt
| Interest coverage ratio | 0.003x |
| Cash | CHF 13.67m |
| Equity | CHF 219.34m |
| Total liabilities | CHF 608.66m |
| Total assets | CHF 828.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLEEZ's short term assets (CHF138.2M) do not cover its short term liabilities (CHF534.0M).
Long Term Liabilities: HLEEZ's short term assets (CHF138.2M) exceed its long term liabilities (CHF74.6M).
Debt to Equity History and Analysis
Debt Level: HLEEZ's net debt to equity ratio (130.8%) is considered high.
Reducing Debt: HLEEZ's debt to equity ratio has increased from 72.6% to 137% 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: HLEEZ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HLEEZ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.