Strategic Elements Balance Sheet Health
Financial Health criteria checks 6/6
Strategic Elements has a total shareholder equity of A$6.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.8M and A$351.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$6.61m |
Equity | AU$6.46m |
Total liabilities | AU$351.94k |
Total assets | AU$6.81m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SOR's short term assets (A$6.8M) exceed its short term liabilities (A$326.1K).
Long Term Liabilities: SOR's short term assets (A$6.8M) exceed its long term liabilities (A$25.9K).
Debt to Equity History and Analysis
Debt Level: SOR is debt free.
Reducing Debt: SOR has not had any debt for 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: SOR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SOR has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 12.8% each year.