Herkules Balance Sheet Health
Financial Health criteria checks 3/6
Herkules has a total shareholder equity of PLN92.5M and total debt of PLN13.7M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are PLN277.2M and PLN184.7M respectively. Herkules's EBIT is PLN3.9M making its interest coverage ratio 0.6. It has cash and short-term investments of PLN5.5M.
Key information
14.8%
Debt to equity ratio
zł13.71m
Debt
| Interest coverage ratio | 0.6x |
| Cash | zł5.52m |
| Equity | zł92.52m |
| Total liabilities | zł184.73m |
| Total assets | zł277.25m |
Recent financial health updates
Herkules (WSE:HRS) Has A Somewhat Strained Balance Sheet
Mar 01
These 4 Measures Indicate That Herkules (WSE:HRS) Is Using Debt Extensively
Jul 27Is Herkules (WSE:HRS) Using Debt In A Risky Way?
Mar 17Here's Why Herkules (WSE:HRS) Is Weighed Down By Its Debt Load
Sep 28Herkules (WSE:HRS) Has A Pretty Healthy Balance Sheet
Jun 30Herkules (WSE:HRS) Has A Somewhat Strained Balance Sheet
Feb 21Recent updates
Herkules (WSE:HRS) Has A Somewhat Strained Balance Sheet
Mar 01Herkules S.A. (WSE:HRS) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Dec 31Capital Allocation Trends At Herkules (WSE:HRS) Aren't Ideal
Dec 29These 4 Measures Indicate That Herkules (WSE:HRS) Is Using Debt Extensively
Jul 27Is Herkules (WSE:HRS) Using Debt In A Risky Way?
Mar 17Here's Why Herkules (WSE:HRS) Is Weighed Down By Its Debt Load
Sep 28Herkules (WSE:HRS) Has A Pretty Healthy Balance Sheet
Jun 30Herkules (WSE:HRS) Has A Somewhat Strained Balance Sheet
Feb 21These 4 Measures Indicate That Herkules (WSE:HRS) Is Using Debt Extensively
Jan 07
Financial Position Analysis
Short Term Liabilities: HRS's short term assets (PLN52.1M) do not cover its short term liabilities (PLN130.6M).
Long Term Liabilities: HRS's short term assets (PLN52.1M) do not cover its long term liabilities (PLN54.1M).
Debt to Equity History and Analysis
Debt Level: HRS's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: HRS's debt to equity ratio has increased from 13.6% to 14.8% 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 HRS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HRS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.5% per year.