Simonds Group Balance Sheet Health
Financial Health criteria checks 5/6
Simonds Group has a total shareholder equity of A$16.9M and total debt of A$1.9M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are A$149.8M and A$132.8M respectively.
Key information
11.3%
Debt to equity ratio
AU$1.92m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.60m |
| Equity | AU$16.94m |
| Total liabilities | AU$132.84m |
| Total assets | AU$149.78m |
Recent financial health updates
Recent updates
Is Simonds Group (ASX:SIO) Using Debt In A Risky Way?
Dec 07
Capital Allocation Trends At Simonds Group (ASX:SIO) Aren't Ideal
Sep 30Is Simonds Group Limited's (ASX:SIO) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 22The Simonds Group (ASX:SIO) Share Price Has Gained 39% And Shareholders Are Hoping For More
Jan 25
Have Insiders Been Buying Simonds Group Limited (ASX:SIO) Shares?
Dec 24Is Simonds Group Limited's(ASX:SIO) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jul 13Financial Position Analysis
Short Term Liabilities: SIO's short term assets (A$125.8M) exceed its short term liabilities (A$119.3M).
Long Term Liabilities: SIO's short term assets (A$125.8M) exceed its long term liabilities (A$13.6M).
Debt to Equity History and Analysis
Debt Level: SIO has more cash than its total debt.
Reducing Debt: SIO's debt to equity ratio has reduced from 121.3% to 11.3% over the past 5 years.
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: SIO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SIO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.1% each year