Huddlestock Fintech Balance Sheet Health
Financial Health criteria checks 3/6
Huddlestock Fintech has a total shareholder equity of NOK139.3M and total debt of NOK28.9M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are NOK253.1M and NOK113.7M respectively.
Key information
20.7%
Debt to equity ratio
NOK 28.89m
Debt
Interest coverage ratio | n/a |
Cash | NOK 9.90m |
Equity | NOK 139.34m |
Total liabilities | NOK 113.71m |
Total assets | NOK 253.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HUDL's short term assets (NOK27.2M) do not cover its short term liabilities (NOK105.6M).
Long Term Liabilities: HUDL's short term assets (NOK27.2M) exceed its long term liabilities (NOK8.2M).
Debt to Equity History and Analysis
Debt Level: HUDL's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HUDL's debt to equity ratio has reduced 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: HUDL has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if HUDL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.