Sparc Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Sparc Technologies has a total shareholder equity of A$2.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.5M and A$529.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.71m |
| Equity | AU$2.93m |
| Total liabilities | AU$529.13k |
| Total assets | AU$3.46m |
Financial Position Analysis
Short Term Liabilities: SPN's short term assets (A$2.8M) exceed its short term liabilities (A$460.0K).
Long Term Liabilities: SPN's short term assets (A$2.8M) exceed its long term liabilities (A$69.1K).
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 more than a year based on its current free cash flow.
Forecast Cash Runway: SPN has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 18.5% each year.