Helport AI Balance Sheet Health
Financial Health criteria checks 5/6
Helport AI has a total shareholder equity of $13.1M and total debt of $4.9M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are $27.2M and $14.1M respectively. Helport AI's EBIT is $9.2M making its interest coverage ratio 40.6. It has cash and short-term investments of $2.6M.
Key information
37.5%
Debt to equity ratio
US$4.89m
Debt
| Interest coverage ratio | 40.6x |
| Cash | US$2.59m |
| Equity | US$13.05m |
| Total liabilities | US$14.13m |
| Total assets | US$27.18m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HPAI's short term assets ($24.8M) exceed its short term liabilities ($14.1M).
Long Term Liabilities: HPAI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HPAI's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HPAI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HPAI's debt is well covered by operating cash flow (103%).
Interest Coverage: HPAI's interest payments on its debt are well covered by EBIT (40.6x coverage).