Hillcrest Energy Technologies (TSE:HEAT)
:HEAT

Hillcrest Energy Technologies (HEAT) AI Stock Analysis

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Hillcrest Energy Technologies

(HEAT)

33Underperform
Hillcrest Energy Technologies faces significant financial and operational challenges, reflected in its low financial performance score. Despite technical indicators suggesting a possible oversold condition, the overall weak financial position and negative valuation metrics lead to a cautious outlook.

Hillcrest Energy Technologies (HEAT) vs. S&P 500 (SPY)

Hillcrest Energy Technologies Business Overview & Revenue Model

Company DescriptionHillcrest Energy Technologies (HEAT) is a company focused on developing advanced clean energy technologies. Operating within the renewable energy sector, it specializes in creating innovative solutions that enhance the performance and efficiency of electrical systems. Hillcrest's core offerings include power electronics and control systems designed to optimize the integration of renewable energy into existing infrastructures, catering to both industrial and commercial applications.
How the Company Makes MoneyHillcrest Energy Technologies generates revenue primarily through the sale and licensing of its proprietary power electronics and control systems. The company's key revenue streams include direct sales to energy providers and manufacturers seeking to improve the efficiency of their renewable energy installations. Additionally, Hillcrest engages in strategic partnerships with other technology firms and energy companies to co-develop and integrate its solutions, further enhancing its market reach and revenue potential. The company may also benefit from government incentives and grants aimed at promoting clean energy technologies, contributing to its overall financial performance.

Hillcrest Energy Technologies Financial Statement Overview

Summary
Hillcrest Energy Technologies struggles with financial instability, marked by declining revenues and ongoing losses reflected in the income statement. The balance sheet reveals high leverage and solvency concerns, while negative cash flows indicate liquidity challenges.
Income Statement
10
Very Negative
Hillcrest Energy Technologies has experienced declining revenue with zero revenue reported in recent periods. The gross profit margin is negative, indicating the company is incurring costs without generating revenue. Net income has consistently been negative, showing ongoing losses. Margins such as EBIT and EBITDA are also negative, reflecting operational challenges. These factors suggest significant financial instability and a need for strategic adjustments.
Balance Sheet
25
Negative
The balance sheet reveals a high debt-to-equity ratio due to substantial liabilities and diminishing equity, indicating financial leverage risks. Stockholders' equity has been decreasing, which reflects the continued operating losses. The company has a low equity ratio, showing reliance on debt financing. These aspects highlight potential solvency concerns and limited financial stability.
Cash Flow
20
Very Negative
Hillcrest Energy Technologies shows negative operating and free cash flows, indicating operational cash burn and insufficient cash generation. Free cash flow growth is negative, suggesting deteriorating cash flow management. The company's financing activities seem to support operations, but the reliance on external funding poses sustainability risks. These factors point to ongoing liquidity challenges.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.00624.87K696.75K1.04M
Gross Profit
-230.96K-294.70K-241.32K28.51K-87.23K-80.32K
EBIT
-10.37M-8.27M-6.55M-10.95M-2.16M-1.14M
EBITDA
-9.83M-8.05M-6.08M-10.89M-1.96M-699.53K
Net Income Common Stockholders
-10.23M-8.14M-6.14M-13.24M-2.49M-1.76M
Balance SheetCash, Cash Equivalents and Short-Term Investments
21.35K74.36K456.29K3.72M676.09K41.75K
Total Assets
1.12M2.71M3.12M6.63M1.81M863.90K
Total Debt
1.70M262.79K110.95K178.53K351.94K1.36M
Net Debt
1.68M188.43K-345.33K-3.54M-324.15K1.32M
Total Liabilities
3.79M1.59M690.66K1.39M2.24M3.35M
Stockholders Equity
-2.67M1.12M2.43M5.25M-427.60K-2.49M
Cash FlowFree Cash Flow
-8.56M-4.60M-5.62M-6.97M-1.76M-583.24K
Operating Cash Flow
-8.56M-4.57M-5.43M-4.61M-1.57M-482.10K
Investing Cash Flow
0.00-24.04K-54.17K-2.36M-184.55K68.87K
Financing Cash Flow
8.45M4.21M2.25M10.02M2.39M433.64K

Hillcrest Energy Technologies Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.11
Price Trends
50DMA
0.12
Negative
100DMA
0.14
Negative
200DMA
0.21
Negative
Market Momentum
MACD
<0.01
Positive
RSI
48.76
Neutral
STOCH
22.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HEAT, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and below the 200-day MA of 0.21, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.76 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:HEAT.

Hillcrest Energy Technologies Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
57
Neutral
$18.57B9.42-13.42%2.72%5.01%-23.43%
TSESE
38
Underperform
$4.34M-337.09%-81.23%86.94%
TSPKK
36
Underperform
C$6.68M-224.98%-85.42%51.62%
TSGRB
35
Underperform
C$19.43M-41.33%-100.00%-14.57%
33
Underperform
C$12.35M-568.32%9.55%
TSNXO
22
Underperform
C$1.95M17.92%83.87%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:HEAT
Hillcrest Energy Technologies
0.11
-0.13
-54.17%
TSE:PKK
Tenet Fintech Group Inc.
0.03
-0.05
-62.50%
TSE:NXO
NexOptic Technology
0.01
-0.02
-66.67%
TSE:GRB
Greenbriar Capital
0.51
-0.33
-39.29%
TSE:ESE
ESE Entertainment
0.05
-0.07
-56.52%

Hillcrest Energy Technologies Corporate Events

Private Placements and FinancingBusiness Operations and Strategy
Hillcrest Energy Technologies Closes First Tranche of Convertible Debenture Financing
Positive
Jan 30, 2025

Hillcrest Energy Technologies has closed the first tranche of its non-brokered private placement of unsecured convertible debentures, amounting to $1,942,825, with a major portion used to settle existing debt. This financing move is expected to potentially enhance the company’s financial stability and operational flexibility, positioning it strategically within the energy market as it anticipates closing a second tranche in the upcoming weeks.

Private Placements and FinancingBusiness Operations and Strategy
Hillcrest Energy Tech Completes Initial Convertible Debenture Financing
Positive
Jan 30, 2025

Hillcrest Energy Technologies has successfully closed the first tranche of its non-brokered private placement of unsecured convertible debentures, raising approximately $1.94 million. This financing move, with a significant portion used to settle existing debt, allows Hillcrest to strengthen its financial position and potentially enhance its market operations, with further plans to close a second tranche soon.

Hillcrest Energy Technologies Advances with Strategic Initiatives and Key Appointment
Jan 13, 2025

Hillcrest Energy Technologies announced strategic initiatives to advance its market readiness, marked by the maturation of its ZVS technology. The company has appointed Nad Karim as Vice President of Business Development, leveraging his extensive experience in technology-driven businesses to foster strategic partnerships and expand market opportunities, positioning Hillcrest as a leader in power conversion technologies.

Hillcrest Energy Technologies Announces $3 Million Convertible Debenture Financing
Jan 10, 2025

Hillcrest Energy Technologies has announced a non-brokered private placement of unsecured convertible debentures, aiming to raise up to $3 million. This initiative is designed to settle certain company debts and provide funds for technology development, reflecting Hillcrest’s commitment to sustainability and aligning with strategic investment goals.

Hillcrest Energy Cancels Private Placement Plan
Dec 24, 2024

Hillcrest Energy Technologies has decided to cancel its previously announced non-brokered private placement to better align with its strategic goals and shareholder value. Additionally, the company has reclaimed over 3.7 million incentive shares from executives and directors, returning them to the treasury.

Hillcrest Partners with Systematec for European Expansion
Dec 17, 2024

Hillcrest Energy Technologies has entered into a Memorandum of Understanding with Systematec GmbH to strengthen their collaboration and explore a distribution agreement for Hillcrest’s Zero Voltage Switching inverter technology in the European automotive market. This partnership aims to accelerate the adoption of high-efficiency solutions by integrating Hillcrest’s innovative technology with Systematec’s market expertise. The collaboration is expected to enhance system performance and efficiency for European automakers.

Hillcrest Energy Unveils Promising EV Efficiency Gains
Dec 16, 2024

Hillcrest Energy Technologies has completed its 2024 demonstrations, showcasing impressive advancements in power conversion technologies. Their Zero Voltage Switching traction inverter prototype achieved efficiency gains of up to 6%, promising significant improvements in electric vehicle performance. With an inverter efficiency of 99.7%, Hillcrest leads in reducing energy loss and enhancing reliability for the EV market.

Hillcrest Energy Launches $2M Private Placement
Dec 13, 2024

Hillcrest Energy Technologies has announced a non-brokered private placement aimed at raising up to $2 million to strengthen its balance sheet and support growth in the clean technology sector. This strategic move includes settling up to $1.5 million in outstanding debt and marks the termination of an existing equity drawdown facility. The company plans to use the funds for accounts payable, technology development, and other operational needs.

Hillcrest Expands Collaboration with Ocean Batteries
Nov 19, 2024

Hillcrest Energy Technologies is expanding its collaboration with Ocean Batteries to develop advanced EV chargers and onboard marine energy storage systems. This partnership aims to leverage Hillcrest’s cutting-edge Zero Voltage Switching technology to create ultra-efficient solutions with reduced operational losses. The collaboration seeks to meet the growing demand for sustainable energy in marine and EV sectors, supporting the global move towards decarbonization.

Hillcrest Energy Expands Market Presence in Europe
Nov 18, 2024

Hillcrest Energy Technologies is making strides in Europe and North America by showcasing its advanced Zero Voltage Switching inverter technology, which promises improved efficiency and cost savings. CEO Don Currie’s meetings in Sweden and Germany, along with COO Jamie Hogue’s presentation at an investor summit, highlight the company’s efforts to expand in key markets.

Hillcrest Energy’s New Inverter Boosts EV Efficiency
Nov 12, 2024

Hillcrest Energy Technologies has unveiled its innovative Zero-Voltage Switching (ZVS) traction inverter prototype, which promises to deliver significant cost savings and improved efficiency for electric vehicle manufacturers. The advanced design of the ZVS inverter reduces material use and energy losses, providing a competitive edge in EV power systems. With its compact and efficient design, the inverter is set to enhance performance and lower operational costs for manufacturers and consumers alike.

Hillcrest Energy to Launch FPGA Control System
Nov 7, 2024

Hillcrest Energy Technologies is set to launch a new FPGA-based control system for its Zero Voltage Switching (ZVS) inverters, aiming to enhance efficiency and reliability. This development is expected to open up new commercial opportunities by meeting customer demands for improved performance and adaptability.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.