Spartan Resources Balance Sheet Health
Financial Health criteria checks 6/6
Spartan Resources has a total shareholder equity of A$158.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$260.2M and A$101.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$93.03m |
| Equity | AU$158.58m |
| Total liabilities | AU$101.64m |
| Total assets | AU$260.22m |
Recent financial health updates
Recent updates
We're Not Very Worried About Spartan Resources' (ASX:SPR) Cash Burn Rate
Sep 27
Spartan Resources Limited's (ASX:SPR) Low P/S No Reason For Excitement
Jan 18Improved Revenues Required Before Spartan Resources Limited (ASX:SPR) Stock's 26% Jump Looks Justified
Oct 06Is Gascoyne Resources Limited (ASX:GCY) Popular Amongst Institutions?
Jan 20
Financial Position Analysis
Short Term Liabilities: SPR's short term assets (A$99.3M) exceed its short term liabilities (A$4.9M).
Long Term Liabilities: SPR's short term assets (A$99.3M) exceed its long term liabilities (A$96.7M).
Debt to Equity History and Analysis
Debt Level: SPR is debt free.
Reducing Debt: SPR has no debt compared to 5 years ago when its debt to equity ratio was 124.8%.
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: SPR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SPR has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 25.3% each year.