Heliostar Metals Balance Sheet Health
Financial Health criteria checks 5/6
Heliostar Metals has a total shareholder equity of CA$25.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$30.8M and CA$5.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.25m |
| Equity | CA$25.06m |
| Total liabilities | CA$5.74m |
| Total assets | CA$30.80m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HSTX.F's short term assets (CA$3.5M) do not cover its short term liabilities (CA$5.1M).
Long Term Liabilities: HSTX.F's short term assets (CA$3.5M) exceed its long term liabilities (CA$668.6K).
Debt to Equity History and Analysis
Debt Level: HSTX.F is debt free.
Reducing Debt: HSTX.F has not had any debt for 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: HSTX.F has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HSTX.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.