Strategic Energy Resources Balance Sheet Health
Financial Health criteria checks 6/6
Strategic Energy Resources has a total shareholder equity of A$7.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.0M and A$386.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.34m |
Equity | AU$7.59m |
Total liabilities | AU$386.39k |
Total assets | AU$7.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SER's short term assets (A$2.0M) exceed its short term liabilities (A$386.4K).
Long Term Liabilities: SER has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SER is debt free.
Reducing Debt: SER had no debt 5 years ago.
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: SER has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SER is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.