Heliogen Balance Sheet Health
Financial Health criteria checks 1/6
Heliogen has a total shareholder equity of $-51.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $58.0M and $109.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$44.63m |
| Equity | -US$51.59m |
| Total liabilities | US$109.58m |
| Total assets | US$57.99m |
Recent financial health updates
Recent updates
Analysts Just Shaved Their Heliogen, Inc. (NYSE:HLGN) Forecasts Dramatically
Feb 09
Heliogen appoints Christie Obiaya as CEO
Feb 07NYSE notifies Heliogen of deficiency for continued listing
Dec 28Heliogen reports Q3 mixes earnings; narrows FY22 revenue outlook below estimates
Nov 08What You Need To Know About The Heliogen, Inc. (NYSE:HLGN) Analyst Downgrade Today
Aug 18Heliogen GAAP EPS of -$0.11, revenue of $2.39M
Aug 10Heliogen: I Am Still Not Sold On Solar Thermal After Ivanpah
Jul 22Financial Position Analysis
Short Term Liabilities: HLGN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HLGN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: HLGN is debt free.
Reducing Debt: HLGN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: HLGN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HLGN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.5% each year