Homasote Balance Sheet Health
Financial Health criteria checks 2/6
Homasote has a total shareholder equity of $2.4M and total debt of $4.9M, which brings its debt-to-equity ratio to 201.7%. Its total assets and total liabilities are $11.9M and $9.5M respectively.
Key information
201.7%
Debt to equity ratio
US$4.93m
Debt
Interest coverage ratio | n/a |
Cash | US$368.40k |
Equity | US$2.45m |
Total liabilities | US$9.46m |
Total assets | US$11.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMTC's short term assets ($3.6M) do not cover its short term liabilities ($4.8M).
Long Term Liabilities: HMTC's short term assets ($3.6M) do not cover its long term liabilities ($4.7M).
Debt to Equity History and Analysis
Debt Level: HMTC's net debt to equity ratio (186.6%) is considered high.
Reducing Debt: HMTC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: HMTC's debt is well covered by operating cash flow (21.2%).
Interest Coverage: Insufficient data to determine if HMTC's interest payments on its debt are well covered by EBIT.