HNR Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
HNR Acquisition has a total shareholder equity of $26.0M and total debt of $43.9M, which brings its debt-to-equity ratio to 168.8%. Its total assets and total liabilities are $100.3M and $74.3M respectively. HNR Acquisition's EBIT is $726.0 making its interest coverage ratio 0. It has cash and short-term investments of $3.4M.
Key information
168.8%
Debt to equity ratio
US$43.92m
Debt
Interest coverage ratio | 0.0001x |
Cash | US$3.36m |
Equity | US$26.02m |
Total liabilities | US$74.25m |
Total assets | US$100.27m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HNRA's short term assets ($6.2M) do not cover its short term liabilities ($30.5M).
Long Term Liabilities: HNRA's short term assets ($6.2M) do not cover its long term liabilities ($43.7M).
Debt to Equity History and Analysis
Debt Level: HNRA's net debt to equity ratio (155.9%) is considered high.
Reducing Debt: Insufficient data to determine if HNRA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HNRA's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: HNRA's interest payments on its debt are not well covered by EBIT (0x coverage).