Superior Resources Balance Sheet Health
Financial Health criteria checks 4/6
Superior Resources has a total shareholder equity of A$16.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$16.9M and A$541.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.14m |
| Equity | AU$16.36m |
| Total liabilities | AU$541.85k |
| Total assets | AU$16.90m |
Recent financial health updates
Is Superior Resources (ASX:SPQ) In A Good Position To Deliver On Growth Plans?
Sep 27
Companies Like Superior Resources (ASX:SPQ) Are In A Position To Invest In Growth
Jan 30We're Hopeful That Superior Resources (ASX:SPQ) Will Use Its Cash Wisely
Oct 14Is Superior Resources (ASX:SPQ) In A Good Position To Invest In Growth?
Nov 08Recent updates
Is Superior Resources (ASX:SPQ) In A Good Position To Deliver On Growth Plans?
Sep 27Companies Like Superior Resources (ASX:SPQ) Are In A Position To Invest In Growth
Jan 30We're Hopeful That Superior Resources (ASX:SPQ) Will Use Its Cash Wisely
Oct 14Is Superior Resources (ASX:SPQ) In A Good Position To Invest In Growth?
Nov 08Have Insiders Been Selling Superior Resources Limited (ASX:SPQ) Shares?
Dec 04
Financial Position Analysis
Short Term Liabilities: SPQ's short term assets (A$2.3M) exceed its short term liabilities (A$541.9K).
Long Term Liabilities: SPQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SPQ is debt free.
Reducing Debt: SPQ 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: SPQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SPQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.5% each year