Hynion Balance Sheet Health
Financial Health criteria checks 1/6
Hynion has a total shareholder equity of NOK16.5M and total debt of NOK10.2M, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are NOK45.5M and NOK29.1M respectively.
Key information
61.9%
Debt to equity ratio
NOK 10.18m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 3.47m |
| Equity | NOK 16.46m |
| Total liabilities | NOK 29.09m |
| Total assets | NOK 45.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYN's short term assets (NOK10.6M) do not cover its short term liabilities (NOK28.9M).
Long Term Liabilities: HYN's short term assets (NOK10.6M) exceed its long term liabilities (NOK150.0K).
Debt to Equity History and Analysis
Debt Level: HYN's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: Insufficient data to determine if HYN'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: HYN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HYN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.2% each year