Hawkwing Balance Sheet Health
Financial Health criteria checks 2/6
Hawkwing has a total shareholder equity of £2.5M and total debt of £15.3M, which brings its debt-to-equity ratio to 608.4%. Its total assets and total liabilities are £18.3M and £15.8M respectively.
Key information
608.4%
Debt to equity ratio
UK£15.28m
Debt
Interest coverage ratio | n/a |
Cash | UK£2.31m |
Equity | UK£2.51m |
Total liabilities | UK£15.79m |
Total assets | UK£18.30m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HNG's short term assets (£3.9M) exceed its short term liabilities (£90.0K).
Long Term Liabilities: HNG's short term assets (£3.9M) do not cover its long term liabilities (£15.7M).
Debt to Equity History and Analysis
Debt Level: HNG's net debt to equity ratio (516.4%) is considered high.
Reducing Debt: HNG's debt to equity ratio has increased from 124.5% to 608.4% 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: HNG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HNG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.2% each year