Hybrid Power Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Hybrid Power Solutions has a total shareholder equity of CA$1.5M and total debt of CA$1.2M, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are CA$4.6M and CA$3.1M respectively.
Key information
79.4%
Debt to equity ratio
CA$1.23m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$957.83k |
| Equity | CA$1.55m |
| Total liabilities | CA$3.06m |
| Total assets | CA$4.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPSI.F's short term assets (CA$4.0M) exceed its short term liabilities (CA$2.5M).
Long Term Liabilities: HPSI.F's short term assets (CA$4.0M) exceed its long term liabilities (CA$593.5K).
Debt to Equity History and Analysis
Debt Level: HPSI.F's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HPSI.F's debt to equity ratio has reduced 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: HPSI.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HPSI.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 64.1% each year