HyreCar Balance Sheet Health
Financial Health criteria checks 3/6
HyreCar has a total shareholder equity of $2.1M and total debt of $500.0K, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are $17.6M and $15.4M respectively.
Key information
23.5%
Debt to equity ratio
US$500.00k
Debt
Interest coverage ratio | n/a |
Cash | US$9.11m |
Equity | US$2.13m |
Total liabilities | US$15.43m |
Total assets | US$17.56m |
Recent financial health updates
HyreCar (NASDAQ:HYRE) Will Have To Spend Its Cash Wisely
May 15Is HyreCar (NASDAQ:HYRE) Using Debt In A Risky Way?
Sep 16Recent updates
HyreCar - Great Potential But Not For The Faint Of Heart
Oct 05HyreCar: Reinvigorating Growth But Caution Remains Warranted
Sep 28HyreCar appoints Eduardo Iniguez as interim CFO
Sep 19HyreCar surges on securing $100M credit line; sees significant fleet growth
Sep 06HyreCar GAAP EPS of -$0.20 beats by $0.04, revenue of $10.51M beats by $0.14M
Aug 15HyreCar stock higher after revising Q2 revenue guidance based on strong performance
Jul 12HyreCar: There's Still Hope Here
Jun 08HyreCar (NASDAQ:HYRE) Will Have To Spend Its Cash Wisely
May 15HyreCar Needs To Reinvigorate Growth And Address Near-Term Capital Needs
Mar 26Time To Worry? Analysts Just Downgraded Their HyreCar Inc. (NASDAQ:HYRE) Outlook
Mar 23HyreCar: Elevated Risks, But Worth Buying The Dip
Jan 16HyreCar: With Some Faith, This Stock Is Still A Winner
Oct 30Is HyreCar (NASDAQ:HYRE) Using Debt In A Risky Way?
Sep 16HyreCar - Selloff On Delayed Profitability And Financing Issues At Key Strategic Partner
Aug 18Analysts Just Slashed Their HyreCar Inc. (NASDAQ:HYRE) EPS Numbers
Aug 16HyreCar: The Growth Kick Is Still Alive, But Take Care To Lock In Gains Soon
Jul 10Is HyreCar (NASDAQ:HYRE) A Risky Investment?
May 16HyreCar Inc. (NASDAQ:HYRE): When Will It Breakeven?
Mar 06HyreCar shares slide on raising $25.85M capital through equity offering
Feb 04Rainbows and Unicorns: HyreCar Inc. (NASDAQ:HYRE) Analysts Just Became A Lot More Optimistic
Jan 30Is HyreCar (NASDAQ:HYRE) A Risky Investment?
Jan 24What Kind Of Investors Own Most Of HyreCar Inc. (NASDAQ:HYRE)?
Dec 20HyreCar: Taking My Foot Off The Pedal
Nov 16Financial Position Analysis
Short Term Liabilities: HYRE.Q's short term assets ($13.6M) do not cover its short term liabilities ($14.9M).
Long Term Liabilities: HYRE.Q's short term assets ($13.6M) exceed its long term liabilities ($570.8K).
Debt to Equity History and Analysis
Debt Level: HYRE.Q has more cash than its total debt.
Reducing Debt: HYRE.Q 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: Insufficient data to determine if HYRE.Q has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HYRE.Q has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.