Harbor Custom Development Balance Sheet Health
Financial Health criteria checks 1/6
Harbor Custom Development has a total shareholder equity of $8.5M and total debt of $140.0M, which brings its debt-to-equity ratio to 1651.7%. Its total assets and total liabilities are $166.8M and $158.3M respectively.
Key information
1,651.7%
Debt to equity ratio
US$140.03m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.57m |
| Equity | US$8.48m |
| Total liabilities | US$158.27m |
| Total assets | US$166.75m |
Recent financial health updates
Recent updates
The Return Trends At Harbor Custom Development (NASDAQ:HCDI) Look Promising
Mar 01
Investors Will Want Harbor Custom Development's (NASDAQ:HCDI) Growth In ROCE To Persist
Oct 29Harbor Custom Development GAAP EPS of -$0.46, revenue of $10.3M
Aug 15Harbor Custom Development's (NASDAQ:HCDI) Solid Profits Have Weak Fundamentals
May 11Harbor Custom Development Preferred: A 13.1% Yielder
Apr 05Returns On Capital Are Showing Encouraging Signs At Harbor Custom Development (NASDAQ:HCDI)
Dec 17Harbor Custom Development, Inc.'s (NASDAQ:HCDI) 28% Share Price Surge Not Quite Adding Up
Nov 20Subdued Growth No Barrier To Harbor Custom Development, Inc. (NASDAQ:HCDI) With Shares Advancing 28%
Nov 20Harbor Custom Development Preferred: A Speculative 13.2% Yielder In The Red Hot Housing Sector
Nov 02Harbor Custom Development closes 23 developed single family lots for $1.72M
Apr 27Harbor Custom drops 13% after pricing stock offering
Jan 13Financial Position Analysis
Short Term Liabilities: HCDI.Q's short term assets ($6.7M) do not cover its short term liabilities ($141.8M).
Long Term Liabilities: HCDI.Q's short term assets ($6.7M) do not cover its long term liabilities ($16.5M).
Debt to Equity History and Analysis
Debt Level: HCDI.Q's net debt to equity ratio (1609.5%) is considered high.
Reducing Debt: HCDI.Q had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: HCDI.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HCDI.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.7% each year