Hammer Fiber Optics Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Hammer Fiber Optics Holdings has a total shareholder equity of $4.2M and total debt of $1.8M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are $7.9M and $3.7M respectively.
Key information
43.0%
Debt to equity ratio
US$1.80m
Debt
| Interest coverage ratio | n/a |
| Cash | US$95.21k |
| Equity | US$4.19m |
| Total liabilities | US$3.70m |
| Total assets | US$7.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMMR's short term assets ($380.8K) do not cover its short term liabilities ($3.7M).
Long Term Liabilities: HMMR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HMMR's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: HMMR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: HMMR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HMMR has less than a year of cash runway if free cash flow continues to grow at historical rates of 45.4% each year.