Hillgrove Resources Balance Sheet Health
Financial Health criteria checks 2/6
Hillgrove Resources has a total shareholder equity of A$54.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$101.1M and A$46.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$10.24m |
| Equity | AU$54.88m |
| Total liabilities | AU$46.18m |
| Total assets | AU$101.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLGV.F's short term assets (A$14.8M) do not cover its short term liabilities (A$23.7M).
Long Term Liabilities: HLGV.F's short term assets (A$14.8M) do not cover its long term liabilities (A$22.5M).
Debt to Equity History and Analysis
Debt Level: HLGV.F is debt free.
Reducing Debt: HLGV.F has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.
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: HLGV.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HLGV.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.