HomeBiogas Balance Sheet Health
Financial Health criteria checks 3/6
HomeBiogas has a total shareholder equity of $14.0M and total debt of $56.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are $19.4M and $5.4M respectively.
Key information
0.4%
Debt to equity ratio
US$56.00k
Debt
Interest coverage ratio | n/a |
Cash | US$9.14m |
Equity | US$14.04m |
Total liabilities | US$5.39m |
Total assets | US$19.43m |
Recent financial health updates
Here's Why We're Watching HomeBiogas' (TLV:HMGS) Cash Burn Situation
Dec 22We Think HomeBiogas (TLV:HMGS) Needs To Drive Business Growth Carefully
Jun 12We're Keeping An Eye On HomeBiogas' (TLV:HMGS) Cash Burn Rate
Feb 27Here's Why We're Watching HomeBiogas' (TLV:HMGS) Cash Burn Situation
Nov 04Companies Like HomeBiogas (TLV:HMGS) Are In A Position To Invest In Growth
Sep 02Here's Why We're Not Too Worried About HomeBiogas' (TLV:HMGS) Cash Burn Situation
May 03Recent updates
Here's Why We're Watching HomeBiogas' (TLV:HMGS) Cash Burn Situation
Dec 22We Think HomeBiogas (TLV:HMGS) Needs To Drive Business Growth Carefully
Jun 12We're Keeping An Eye On HomeBiogas' (TLV:HMGS) Cash Burn Rate
Feb 27Here's Why We're Watching HomeBiogas' (TLV:HMGS) Cash Burn Situation
Nov 04Companies Like HomeBiogas (TLV:HMGS) Are In A Position To Invest In Growth
Sep 02Here's Why We're Not Too Worried About HomeBiogas' (TLV:HMGS) Cash Burn Situation
May 03Financial Position Analysis
Short Term Liabilities: HMGS's short term assets ($14.3M) exceed its short term liabilities ($3.5M).
Long Term Liabilities: HMGS's short term assets ($14.3M) exceed its long term liabilities ($1.9M).
Debt to Equity History and Analysis
Debt Level: HMGS has more cash than its total debt.
Reducing Debt: HMGS's debt to equity ratio has increased from 0% to 0.4% 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: HMGS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HMGS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.4% each year