Hurtimex Balance Sheet Health
Financial Health criteria checks 5/6
Hurtimex has a total shareholder equity of PLN4.6M and total debt of PLN2.3M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are PLN15.3M and PLN10.7M respectively.
Key information
49.6%
Debt to equity ratio
zł2.29m
Debt
| Interest coverage ratio | n/a |
| Cash | zł2.15m |
| Equity | zł4.62m |
| Total liabilities | zł10.67m |
| Total assets | zł15.29m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HRT's short term assets (PLN7.2M) do not cover its short term liabilities (PLN8.5M).
Long Term Liabilities: HRT's short term assets (PLN7.2M) exceed its long term liabilities (PLN2.2M).
Debt to Equity History and Analysis
Debt Level: HRT's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: HRT's debt to equity ratio has reduced from 155.6% to 49.6% 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 HRT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HRT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2% per year.