Healthy Extracts Balance Sheet Health
Financial Health criteria checks 4/6
Healthy Extracts has a total shareholder equity of $803.0K and total debt of $899.3K, which brings its debt-to-equity ratio to 112%. Its total assets and total liabilities are $2.5M and $1.7M respectively.
Key information
112.0%
Debt to equity ratio
US$899.33k
Debt
| Interest coverage ratio | n/a |
| Cash | US$100.40k |
| Equity | US$802.96k |
| Total liabilities | US$1.66m |
| Total assets | US$2.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYEX's short term assets ($1.7M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: HYEX's short term assets ($1.7M) do not cover its long term liabilities ($-1.0).
Debt to Equity History and Analysis
Debt Level: HYEX's net debt to equity ratio (99.5%) is considered high.
Reducing Debt: HYEX 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: Whilst unprofitable HYEX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HYEX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39.3% per year.