Hornigold Reit Balance Sheet Health
Financial Health criteria checks 0/6
Hornigold Reit has a total shareholder equity of PLN7.4M and total debt of PLN18.0M, which brings its debt-to-equity ratio to 243.2%. Its total assets and total liabilities are PLN33.7M and PLN26.3M respectively.
Key information
243.2%
Debt to equity ratio
zł18.05m
Debt
| Interest coverage ratio | 0.06x |
| Cash | n/a |
| Equity | zł7.42m |
| Total liabilities | zł26.32m |
| Total assets | zł33.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRL's short term assets (PLN3.7M) do not cover its short term liabilities (PLN8.3M).
Long Term Liabilities: HRL's short term assets (PLN3.7M) do not cover its long term liabilities (PLN18.1M).
Debt to Equity History and Analysis
Debt Level: HRL's net debt to equity ratio (243.2%) is considered high.
Reducing Debt: HRL's debt to equity ratio has increased from 0% to 243.2% 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: Insufficient data to determine if HRL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HRL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.