Highway Hldgs Ltd Financials
Highway Hldgs Ltd (HIHO) reported $4.8M in revenue for fiscal year 2026, down 35.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue contraction is exposing a fixed-cost structure: gross profit falls while SG&A remains elevated.
From FY2025 to FY2026, revenue fell35.2% while SG&A rose18.1% , leaving less gross profit to absorb a higher overhead base. The resulting operating margin moved from-7.2% to-48.0% , showing that the latest deterioration is primarily operating-cost absorption failure, not just a smaller top line.
FY2026’s earnings-to-cash conversion is unusually direct: net loss was
Cash declined from
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Highway Hldgs Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Highway Hldgs Ltd, and counted as zero in the overall score.
Not available for Highway Hldgs Ltd, and counted as zero in the overall score.
Highway Hldgs Ltd scores -0.26, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($4.2M) relative to total liabilities ($5.6M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Highway Hldgs Ltd passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Highway Hldgs Ltd reported a net loss of $1.5M while operations used $1.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Highway Hldgs Ltd reported an operating loss of $2.3M against $1K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Highway Hldgs Ltd generated $4.8M in revenue in fiscal year 2026. This represents a decrease of 35.2% from the prior year.
Highway Hldgs Ltd's EBITDA was -$2.3M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 331.7% from the prior year.
Highway Hldgs Ltd reported -$1.5M in net income in fiscal year 2026. This represents a decrease of 1537.7% from the prior year.
Highway Hldgs Ltd earned -$0.33 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 1750.0% from the prior year.
Cash & Balance Sheet
Highway Hldgs Ltd recorded an outflow of $1.5M in free cash flow in fiscal year 2026, representing a cash shortfall after capex. This represents a decrease of 228.4% from the prior year.
Highway Hldgs Ltd held $4.4M in cash against $407K in long-term debt as of fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Highway Hldgs Ltd's gross margin was 28.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 4.9 percentage points from the prior year.
Highway Hldgs Ltd's operating margin was -48.0% in fiscal year 2026, reflecting core business profitability. This is down 40.8 percentage points from the prior year.
Highway Hldgs Ltd's net profit margin was -31.7% in fiscal year 2026, showing the share of revenue converted to profit. This is down 33.1 percentage points from the prior year.
Highway Hldgs Ltd's ROE was -31.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 32.8 percentage points from the prior year.
Capital Allocation
Highway Hldgs Ltd invested $103K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 2.0% from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
HIHO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8M-35.2% | $7.4M+17.3% | $6.3M-38.3% | $10.2M-17.2% | $12.4M+34.9% | $9.2M-27.0% | $12.6M-12.0% | $14.3M-25.5% | $19.2M-2.2% | $19.6M-14.5% | $22.9M+2.5% | $22.4M-2.5% | $22.9M+4.6% | $21.9M-13.5% | $25.4M |
| Cost of Revenue | $3.4M-30.4% | $4.9M+7.1% | $4.6M-35.0% | $7.1M-17.4% | $8.6M+33.0% | $6.5M-23.1% | $8.4M-21.4% | $10.7M-13.9% | $12.4M-11.5% | $14.0M-17.5% | $17.0M+2.1% | $16.7M-4.7% | $17.5M+2.7% | $17.0M-15.9% | $20.2M |
| Gross Profit | $1.4M-44.7% | $2.5M+44.6% | $1.7M-45.6% | $3.1M-16.7% | $3.8M+39.3% | $2.7M-34.8% | $4.2M+16.0% | $3.6M-46.9% | $6.7M+21.0% | $5.6M-6.0% | $5.9M+3.7% | $5.7M+4.9% | $5.5M+11.2% | $4.9M-4.2% | $5.1M |
| SG&A Expenses | $3.5M+18.1% | $3.0M+21.3% | $2.5M-31.5% | $3.6M+13.0% | $3.2M-3.6% | $3.3M-2.4% | $3.4M-21.4% | $4.3M-9.8% | $4.8M-0.1% | $4.8M+9.0% | $4.4M-0.8% | $4.4M-4.6% | $4.7M+2.4% | $4.5M-7.0% | $4.9M |
| Operating Income | -$2.3M-331.2% | -$535K+67.2% | -$1.6M-241.9% | -$477K-184.1% | $567K+192.0% | -$616K-182.5% | $747K+198.9% | -$755K-139.0% | $1.9M+154.7% | $761K-49.8% | $1.5M+19.3% | $1.3M+60.3% | $793K+123.4% | $355K+54.3% | $230K |
| Interest Expense | $1K-87.5% | $8K0.0% | $8K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0-100.0% | $1K-88.9% | $9K-62.5% | $24K |
| Income Tax | -$486K-1378.9% | $38K+123.6% | -$161K-705.0% | -$20K-119.8% | $101K+169.2% | -$146K-169.9% | $209K+903.8% | -$26K-105.1% | $512K+116.9% | $236K-2.9% | $243K+81.3% | $134K-22.1% | $172K+564.9% | -$37K-119.9% | $186K |
| Net Income | -$1.5M-1537.7% | $106K+111.1% | -$959K-226.2% | -$294K-166.4% | $443K+196.1% | -$461K-167.2% | $686K+208.9% | -$630K-140.6% | $1.6M+194.1% | $527K-57.9% | $1.3M+8.8% | $1.1M+93.0% | $596K+33.0% | $448K+143.5% | $184K |
| EPS (Diluted) | -$0.33-1750.0% | $0.02+109.1% | -$0.22-214.3% | -$0.07-163.6% | $0.11+191.7% | -$0.12-166.7% | $0.18+205.9% | -$0.17-141.5% | $0.41+192.9% | $0.14-57.6% | $0.33+10.0% | $0.30+87.5% | $0.16+33.3% | $0.12+140.0% | $0.05 |
Not reported in any period shown, so not listed: R&D Expenses.
HIHO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.0M+15.1% | $9.6M-15.6% | $11.3M-18.5% | $13.9M-6.6% | $14.9M-4.0% | $15.5M-14.8% | $18.2M+19.1% | $15.3M-15.9% | $18.1M+3.3% | $17.6M+3.0% | $17.0M+0.3% | $17.0M+7.7% | $15.8M+2.8% | $15.4M-7.4% | $16.6M |
| Current Assets | $7.1M-16.7% | $8.6M-11.2% | $9.6M-9.5% | $10.7M-13.5% | $12.3M+7.3% | $11.5M-13.2% | $13.2M-1.0% | $13.4M-22.2% | $17.2M+4.6% | $16.4M+4.3% | $15.7M-0.1% | $15.7M+12.7% | $14.0M+4.1% | $13.4M-7.5% | $14.5M |
| Cash & Equivalents | $4.4M-26.2% | $6.0M-9.5% | $6.6M-5.0% | $7.0M+15.7% | $6.0M-22.5% | $7.8M-12.1% | $8.8M0.0% | $8.8M-21.7% | $11.3M+12.4% | $10.0M+9.7% | $9.1M-6.0% | $9.7M+79.6% | $5.4M+16.9% | $4.6M-16.9% | $5.6M |
| Inventory | $1.5M+26.7% | $1.1M-26.8% | $1.6M+10.8% | $1.4M-39.9% | $2.4M+5.0% | $2.2M+11.9% | $2.0M+30.0% | $1.5M-47.5% | $2.9M+29.5% | $2.3M+58.9% | $1.4M-31.5% | $2.1M-43.8% | $3.7M+25.1% | $3.0M-25.5% | $4.0M |
| Accounts Receivable | $1.0M+0.1% | $1.0M-18.4% | $1.3M-33.6% | $1.9M-16.5% | $2.3M+132.3% | $973K-51.5% | $2.0M-11.3% | $2.3M+1.8% | $2.2M-34.7% | $3.4M-21.2% | $4.3M+46.8% | $2.9M-6.8% | $3.2M-20.2% | $4.0M+6.3% | $3.7M |
| Goodwill | $260K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $77K0.0% | $77K0.0% | $77K0.0% | $77K | $0 | N/A | N/A |
| Total Liabilities | $5.6M+69.2% | $3.3M-29.8% | $4.7M-17.4% | $5.7M+1.4% | $5.6M-2.2% | $5.7M-21.2% | $7.3M+41.8% | $5.1M-19.4% | $6.3M+1.6% | $6.2M+22.3% | $5.1M+7.4% | $4.8M+31.0% | $3.6M+8.6% | $3.3M-27.0% | $4.6M |
| Current Liabilities | $3.2M+3.8% | $3.1M-19.8% | $3.8M-5.5% | $4.1M-21.6% | $5.2M+30.7% | $4.0M-20.5% | $5.0M-1.8% | $5.1M-19.5% | $6.3M+1.6% | $6.2M+22.4% | $5.1M+7.4% | $4.7M+31.7% | $3.6M+9.2% | $3.3M-23.4% | $4.3M |
| Long-Term Debt | $407K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0-100.0% | $112K |
| Total Equity | $4.9M-22.0% | $6.3M-5.7% | $6.6M-19.0% | $8.2M-11.5% | $9.3M-5.0% | $9.8M-10.6% | $10.9M+7.7% | $10.1M-13.8% | $11.7M+4.2% | $11.3M-5.1% | $11.9M-2.6% | $12.2M+0.4% | $12.1M+1.1% | $12.0M+0.1% | $12.0M |
| Retained Earnings | -$7.0M-28.0% | -$5.4M-8.4% | -$5.0M-47.7% | -$3.4M-48.7% | -$2.3M-11.9% | -$2.0M-136.0% | -$865K+29.8% | -$1.2M-455.3% | $347K+2569.2% | $13K-97.5% | $512K-34.5% | $782K+1.6% | $770K+22.6% | $628K-0.9% | $634K |
HIHO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.4M-291.9% | -$360K-186.7% | $415K-48.7% | $809K+593.3% | -$164K-57.7% | -$104K-123.5% | $442K+201.1% | -$437K-118.3% | $2.4M+7.4% | $2.2M+77.1% | $1.3M-70.3% | $4.2M+156.3% | $1.6M+2435.4% | $65K-89.9% | $644K |
| Capital Expenditures | $103K+2.0% | $101K-14.4% | $118K+28.3% | $92K-31.3% | $134K+52.3% | $88K-3.3% | $91K-86.9% | $695K+156.5% | $271K+37.6% | $197K-62.4% | $524K+306.2% | $129K+76.7% | $73K-77.1% | $319K-10.1% | $355K |
| Free Cash Flow | -$1.5M-228.4% | -$461K-255.2% | $297K-58.6% | $717K+340.6% | -$298K-55.2% | -$192K-154.7% | $351K+131.0% | -$1.1M-153.5% | $2.1M+4.4% | $2.0M+176.9% | $732K-82.1% | $4.1M+159.9% | $1.6M+720.1% | -$254K-187.9% | $289K |
| Investing Cash Flow | -$109K-147.0% | $232K+327.5% | -$102K-110.3% | $991K+182.9% | -$1.2M-1432.1% | -$78K-21.9% | -$64K+91.3% | -$736K-418.3% | -$142K+27.9% | -$197K+57.5% | -$464K | N/A | N/A | -$407K-33.4% | -$305K |
| Financing Cash Flow | -$25K+94.9% | -$492K+11.7% | -$557K+39.5% | -$920K-67.6% | -$549K+39.1% | -$902K-203.7% | -$297K+76.1% | -$1.2M-20.7% | -$1.0M+9.2% | -$1.1M+16.8% | -$1.4M | N/A | N/A | -$605K+62.8% | -$1.6M |
| Dividends Paid | N/A | $492K-20.1% | $616K-39.5% | $1.0M+79.1% | $569K-42.0% | $981K+230.3% | $297K-76.1% | $1.2M+20.7% | $1.0M-8.4% | $1.1M-17.4% | $1.4M+79.9% | $758K+33.5% | $568K+67.1% | $340K-67.9% | $1.1M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
HIHO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.4%-4.9pp | 33.3%+6.3pp | 27.0%-3.6pp | 30.7%+0.2pp | 30.5%+1.0pp | 29.5%-3.5pp | 33.1%+8.0pp | 25.1%-10.1pp | 35.2%+6.8pp | 28.4%+2.6pp | 25.9%+0.3pp | 25.6%+1.8pp | 23.8%+1.4pp | 22.4%+2.2pp | 20.2% |
| Operating Margin | -48.0%-40.8pp | -7.2%+18.6pp | -25.8%-21.1pp | -4.7%-9.3pp | 4.6%+11.3pp | -6.7%-12.7pp | 5.9%+11.2pp | -5.3%-15.4pp | 10.1%+6.2pp | 3.9%-2.7pp | 6.6%+0.9pp | 5.7%+2.2pp | 3.5%+1.8pp | 1.6%+0.7pp | 0.9% |
| Net Margin | -31.7%-33.1pp | 1.4%+16.6pp | -15.2%-12.3pp | -2.9%-6.5pp | 3.6%+8.6pp | -5.0%-10.5pp | 5.5%+9.9pp | -4.4%-12.5pp | 8.1%+5.4pp | 2.7%-2.8pp | 5.5%+0.3pp | 5.1%+2.5pp | 2.6%+0.6pp | 2.0%+1.3pp | 0.7% |
| Return on Equity | -31.1%-32.8pp | 1.7%+16.1pp | -14.4%-10.9pp | -3.6%-8.4pp | 4.8%+9.5pp | -4.7%-11.0pp | 6.3%+12.5pp | -6.2%-19.4pp | 13.2%+8.5pp | 4.7%-5.9pp | 10.5%+1.1pp | 9.4%+4.5pp | 4.9%+1.2pp | 3.7%+2.2pp | 1.5% |
| Return on Assets | -13.9%-15.0pp | 1.1%+9.6pp | -8.5%-6.3pp | -2.1%-5.1pp | 3.0%+6.0pp | -3.0%-6.8pp | 3.8%+7.9pp | -4.1%-12.7pp | 8.6%+5.6pp | 3.0%-4.3pp | 7.3%+0.6pp | 6.8%+3.0pp | 3.8%+0.9pp | 2.9%+1.8pp | 1.1% |
| Current Ratio | 2.23-0.6x | 2.79+0.3x | 2.51-0.1x | 2.63+0.2x | 2.38-0.5x | 2.90+0.2x | 2.650.0x | 2.63-0.1x | 2.72+0.1x | 2.64-0.5x | 3.10-0.2x | 3.33-0.6x | 3.89-0.2x | 4.08+0.7x | 3.38 |
| Debt-to-Equity | 0.08-0.4x | 0.52-0.2x | 0.700.0x | 0.69+0.1x | 0.600.0x | 0.59-0.1x | 0.66+0.2x | 0.500.0x | 0.540.0x | 0.55+0.1x | 0.430.0x | 0.39+0.4x | 0.000.0x | 0.000.0x | 0.01 |
| FCF Margin | -31.5%-25.3pp | -6.2%-10.9pp | 4.7%-2.3pp | 7.0%+9.4pp | -2.4%-0.3pp | -2.1%-4.9pp | 2.8%+10.7pp | -7.9%-19.0pp | 11.1%+0.7pp | 10.3%+7.2pp | 3.2%-15.1pp | 18.3%+11.4pp | 6.9%+8.0pp | -1.2%-2.3pp | 1.1% |
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Where Highway Hldgs Ltd Ranks
Frequently Asked Questions
What is Highway Hldgs Ltd's annual revenue?
Highway Hldgs Ltd (HIHO) reported $4.8M in total revenue for fiscal year 2026. This represents a -35.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Highway Hldgs Ltd's revenue growing?
Highway Hldgs Ltd (HIHO) revenue declined by 35.2% year-over-year, from $7.4M to $4.8M in fiscal year 2026.
Is Highway Hldgs Ltd profitable?
No, Highway Hldgs Ltd (HIHO) reported a net income of -$1.5M in fiscal year 2026, with a net profit margin of -31.7%.
What is Highway Hldgs Ltd's EBITDA?
Highway Hldgs Ltd (HIHO) had EBITDA of -$2.3M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Highway Hldgs Ltd have?
As of fiscal year 2026, Highway Hldgs Ltd (HIHO) had $4.4M in cash and equivalents against $407K in long-term debt.
What is Highway Hldgs Ltd's gross margin?
Highway Hldgs Ltd (HIHO) had a gross margin of 28.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Highway Hldgs Ltd's operating margin?
Highway Hldgs Ltd (HIHO) had an operating margin of -48.0% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Highway Hldgs Ltd's net profit margin?
Highway Hldgs Ltd (HIHO) had a net profit margin of -31.7% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Highway Hldgs Ltd's return on equity (ROE)?
Highway Hldgs Ltd (HIHO) has a return on equity of -31.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Highway Hldgs Ltd's free cash flow?
Highway Hldgs Ltd (HIHO) recorded an outflow of $1.5M in free cash flow during fiscal year 2026. This represents a -228.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Highway Hldgs Ltd's operating cash flow?
Highway Hldgs Ltd (HIHO) recorded an outflow of $1.4M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Highway Hldgs Ltd's total assets?
Highway Hldgs Ltd (HIHO) had $11.0M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Highway Hldgs Ltd's capital expenditures?
Highway Hldgs Ltd (HIHO) invested $103K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Highway Hldgs Ltd's current ratio?
Highway Hldgs Ltd (HIHO) had a current ratio of 2.23 as of fiscal year 2026, which is generally considered healthy.
What is Highway Hldgs Ltd's debt-to-equity ratio?
Highway Hldgs Ltd (HIHO) had a debt-to-equity ratio of 0.08 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Highway Hldgs Ltd's return on assets (ROA)?
Highway Hldgs Ltd (HIHO) had a return on assets of -13.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
How does Highway Hldgs Ltd's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Highway Hldgs Ltd (HIHO) held $4.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.4M over that year. Dividing the one by the other, the reported balance equals about 37 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Highway Hldgs Ltd's Altman Z-Score?
Highway Hldgs Ltd (HIHO) has an Altman Z-Score of -0.26, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Highway Hldgs Ltd's Piotroski F-Score?
Highway Hldgs Ltd (HIHO) has a Piotroski F-Score of 1 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Highway Hldgs Ltd's earnings high quality?
Highway Hldgs Ltd (HIHO) reported a net loss of $1.5M while operations used $1.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Highway Hldgs Ltd cover its interest payments?
Highway Hldgs Ltd (HIHO) reported an operating loss of $2.3M against $1K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Highway Hldgs Ltd?
Highway Hldgs Ltd (HIHO) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.