Heliogen Balance Sheet Health
Financial Health criteria checks 6/6
Heliogen has a total shareholder equity of $23.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $32.7M and $9.7M respectively. Heliogen's EBIT is $47.0M making its interest coverage ratio -24.5. It has cash and short-term investments of $30.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -24.5x |
| Cash | US$30.06m |
| Equity | US$23.03m |
| Total liabilities | US$9.66m |
| Total assets | US$32.68m |
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's short term assets ($31.4M) exceed its short term liabilities ($8.6M).
Long Term Liabilities: HLGN's short term assets ($31.4M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: HLGN is debt free.
Reducing Debt: HLGN has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: HLGN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HLGN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/22 00:58 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Heliogen, Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vikram Bagri | Citigroup Inc |
| Robert Wertheimer | Melius Research LLC |
| Gabriele Sorbara | Siebert Williams Shank & Co., LLC |