South Harz Potash Balance Sheet Health
Financial Health criteria checks 6/6
South Harz Potash has a total shareholder equity of A$2.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.6M and A$2.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.19m |
Equity | AU$2.35m |
Total liabilities | AU$2.29m |
Total assets | AU$4.64m |
Recent financial health updates
We're Hopeful That South Harz Potash (ASX:SHP) Will Use Its Cash Wisely
Jul 14Companies Like South Harz Potash (ASX:SHP) Are In A Position To Invest In Growth
Oct 04Will South Harz Potash (ASX:SHP) Spend Its Cash Wisely?
Jun 21Recent updates
We're Hopeful That South Harz Potash (ASX:SHP) Will Use Its Cash Wisely
Jul 14Companies Like South Harz Potash (ASX:SHP) Are In A Position To Invest In Growth
Oct 04Will South Harz Potash (ASX:SHP) Spend Its Cash Wisely?
Jun 21Did Davenport Resources Limited (ASX:DAV) Insiders Buy Up More Shares?
Feb 27Financial Position Analysis
Short Term Liabilities: SHP's short term assets (A$2.5M) exceed its short term liabilities (A$2.3M).
Long Term Liabilities: SHP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SHP is debt free.
Reducing Debt: SHP 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: SHP has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SHP is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.