Happy Belly Food Group Balance Sheet Health
Financial Health criteria checks 4/6
Happy Belly Food Group has a total shareholder equity of CA$2.5M and total debt of CA$3.9M, which brings its debt-to-equity ratio to 154.9%. Its total assets and total liabilities are CA$9.2M and CA$6.7M respectively.
Key information
154.9%
Debt to equity ratio
CA$3.93m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.95m |
| Equity | CA$2.54m |
| Total liabilities | CA$6.66m |
| Total assets | CA$9.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HBFG.F's short term assets (CA$5.0M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: HBFG.F's short term assets (CA$5.0M) do not cover its long term liabilities (CA$5.2M).
Debt to Equity History and Analysis
Debt Level: HBFG.F has more cash than its total debt.
Reducing Debt: HBFG.F's debt to equity ratio has increased from 0% to 154.9% 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: Whilst unprofitable HBFG.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HBFG.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.4% per year.