Hexagon Purus Balance Sheet Health
Financial Health criteria checks 3/6
Hexagon Purus has a total shareholder equity of NOK1.8B and total debt of NOK1.5B, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are NOK4.6B and NOK2.8B respectively.
Key information
79.2%
Debt to equity ratio
NOK 1.46b
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 542.99m |
| Equity | NOK 1.85b |
| Total liabilities | NOK 2.77b |
| Total assets | NOK 4.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPUR.F's short term assets (NOK1.8B) exceed its short term liabilities (NOK750.6M).
Long Term Liabilities: HPUR.F's short term assets (NOK1.8B) do not cover its long term liabilities (NOK2.0B).
Debt to Equity History and Analysis
Debt Level: HPUR.F's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: Insufficient data to determine if HPUR.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: HPUR.F has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HPUR.F has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 41.3% each year.