Houston American Energy Balance Sheet Health
Financial Health criteria checks 6/6
Houston American Energy has a total shareholder equity of $9.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $10.2M and $364.5K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.85m |
| Equity | US$9.83m |
| Total liabilities | US$364.52k |
| Total assets | US$10.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HUSA's short term assets ($3.1M) exceed its short term liabilities ($292.9K).
Long Term Liabilities: HUSA's short term assets ($3.1M) exceed its long term liabilities ($71.6K).
Debt to Equity History and Analysis
Debt Level: HUSA is debt free.
Reducing Debt: HUSA has no debt compared to 5 years ago when its debt to equity ratio was 6.4%.
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: HUSA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HUSA has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 31.8% each year