Hords Balance Sheet Health
Financial Health criteria checks 3/6
Hords has a total shareholder equity of GHS2.9M and total debt of GHS32.4K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are GHS3.2M and GHS300.0K respectively.
Debt to equity ratio
|Interest coverage ratio||n/a|
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: HORDS's short term assets (GHS1.7M) exceed its short term liabilities (GHS267.7K).
Long Term Liabilities: HORDS's short term assets (GHS1.7M) exceed its long term liabilities (GHS32.4K).
Debt to Equity History and Analysis
Debt Level: HORDS has more cash than its total debt.
Reducing Debt: HORDS's debt to equity ratio has increased from 0.8% to 1.1% over the past 5 years.
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: Insufficient data to determine if HORDS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HORDS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.