Honey Payment Group Balance Sheet Health
Financial Health criteria checks 3/6
Honey Payment Group has a total shareholder equity of PLN301.6M and total debt of PLN12.4M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are PLN315.7M and PLN14.1M respectively.
Key information
4.1%
Debt to equity ratio
zł12.41m
Debt
| Interest coverage ratio | n/a |
| Cash | zł10.41m |
| Equity | zł301.57m |
| Total liabilities | zł14.09m |
| Total assets | zł315.66m |
Financial Position Analysis
Short Term Liabilities: HPG's short term assets (PLN13.4M) do not cover its short term liabilities (PLN14.1M).
Long Term Liabilities: HPG's short term assets (PLN13.4M) do not cover its long term liabilities (PLN-7.0).
Debt to Equity History and Analysis
Debt Level: HPG's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: HPG's debt to equity ratio has increased from 0% to 4.1% 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: Whilst unprofitable HPG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HPG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.4% per year.