Hynion Balance Sheet Health
Financial Health criteria checks 3/6
Hynion has a total shareholder equity of NOK25.9M and total debt of NOK171.8K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are NOK35.8M and NOK9.9M respectively.
Key information
0.7%
Debt to equity ratio
kr171.80k
Debt
Interest coverage ratio | n/a |
Cash | kr12.11m |
Equity | kr25.91m |
Total liabilities | kr9.87m |
Total assets | kr35.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYN's short term assets (NOK18.6M) exceed its short term liabilities (NOK9.7M).
Long Term Liabilities: HYN's short term assets (NOK18.6M) exceed its long term liabilities (NOK150.0K).
Debt to Equity History and Analysis
Debt Level: HYN has more cash than its total debt.
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 20.9% each year