Scorpion Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Scorpion Minerals has a total shareholder equity of A$4.2M and total debt of A$719.1K, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are A$5.9M and A$1.7M respectively.
Key information
16.9%
Debt to equity ratio
AU$719.14k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$367.77k |
| Equity | AU$4.25m |
| Total liabilities | AU$1.67m |
| Total assets | AU$5.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCN's short term assets (A$552.0K) do not cover its short term liabilities (A$1.7M).
Long Term Liabilities: SCN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SCN's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: SCN 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: SCN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SCN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.8% each year