Sparc Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Sparc Technologies has a total shareholder equity of A$2.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.6M and A$792.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$907.85k |
Equity | AU$2.84m |
Total liabilities | AU$792.09k |
Total assets | AU$3.63m |
Financial Position Analysis
Short Term Liabilities: SPN's short term assets (A$2.4M) exceed its short term liabilities (A$598.4K).
Long Term Liabilities: SPN's short term assets (A$2.4M) exceed its long term liabilities (A$193.6K).
Debt to Equity History and Analysis
Debt Level: SPN is debt free.
Reducing Debt: SPN 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: SPN has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SPN is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.