Highland Copper Balance Sheet Health
Financial Health criteria checks 4/6
Highland Copper has a total shareholder equity of $52.7M and total debt of $2.4M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are $58.6M and $5.9M respectively.
Key information
4.5%
Debt to equity ratio
US$2.38m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.26m |
| Equity | US$52.71m |
| Total liabilities | US$5.92m |
| Total assets | US$58.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HDRS.F's short term assets ($20.7M) exceed its short term liabilities ($1.4M).
Long Term Liabilities: HDRS.F's short term assets ($20.7M) exceed its long term liabilities ($4.5M).
Debt to Equity History and Analysis
Debt Level: HDRS.F has more cash than its total debt.
Reducing Debt: HDRS.F's debt to equity ratio has reduced from 822.3% to 4.5% over the past 5 years.
Debt Coverage: HDRS.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HDRS.F's interest payments on its debt are well covered by EBIT.