Hemp Balance Sheet Health
Financial Health criteria checks 2/6
Hemp has a total shareholder equity of $13.2M and total debt of $30.9M, which brings its debt-to-equity ratio to 234.3%. Its total assets and total liabilities are $44.3M and $31.2M respectively.
Key information
234.3%
Debt to equity ratio
US$30.86m
Debt
Interest coverage ratio | n/a |
Cash | US$182.27k |
Equity | US$13.17m |
Total liabilities | US$31.18m |
Total assets | US$44.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEMP's short term assets ($15.5M) exceed its short term liabilities ($301.9K).
Long Term Liabilities: HEMP's short term assets ($15.5M) do not cover its long term liabilities ($30.9M).
Debt to Equity History and Analysis
Debt Level: HEMP's net debt to equity ratio (232.9%) is considered high.
Reducing Debt: HEMP's debt to equity ratio has reduced from 686.3% to 234.3% 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: Insufficient data to determine if HEMP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HEMP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.