hopTo Balance Sheet Health
Financial Health criteria checks 6/6
hopTo has a total shareholder equity of $4.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $6.2M and $2.1M respectively. hopTo's EBIT is $93.3K making its interest coverage ratio -0.8. It has cash and short-term investments of $5.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -0.8x |
| Cash | US$5.61m |
| Equity | US$4.17m |
| Total liabilities | US$2.08m |
| Total assets | US$6.25m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPTO's short term assets ($6.2M) exceed its short term liabilities ($1.9M).
Long Term Liabilities: HPTO's short term assets ($6.2M) exceed its long term liabilities ($163.6K).
Debt to Equity History and Analysis
Debt Level: HPTO is debt free.
Reducing Debt: HPTO has not had any debt for past 5 years.
Debt Coverage: HPTO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HPTO has no debt, therefore coverage of interest payments is not a concern.