Superior Resources Balance Sheet Health
Financial Health criteria checks 6/6
Superior Resources has a total shareholder equity of A$15.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$16.3M and A$475.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.02m |
| Equity | AU$15.82m |
| Total liabilities | AU$475.25k |
| Total assets | AU$16.29m |
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$1.0M) exceed its short term liabilities (A$475.3K).
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 sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SPQ is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.