HomeBiogas Balance Sheet Health
Financial Health criteria checks 3/6
HomeBiogas has a total shareholder equity of $9.9M and total debt of $46.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are $14.4M and $4.5M respectively.
Key information
0.5%
Debt to equity ratio
US$46.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.70m |
| Equity | US$9.90m |
| Total liabilities | US$4.52m |
| Total assets | US$14.42m |
Recent financial health updates
Here's Why We're Watching HomeBiogas' (TLV:HMGS) Cash Burn Situation
Dec 22
We 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 ($9.2M) exceed its short term liabilities ($3.1M).
Long Term Liabilities: HMGS's short term assets ($9.2M) exceed its long term liabilities ($1.4M).
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 0.5% 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 26.7% each year