SQX Resources Balance Sheet Health
Financial Health criteria checks 6/6
SQX Resources has a total shareholder equity of A$3.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.3M and A$104.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.18m |
| Equity | AU$3.21m |
| Total liabilities | AU$104.89k |
| Total assets | AU$3.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQX's short term assets (A$2.2M) exceed its short term liabilities (A$100.9K).
Long Term Liabilities: SQX's short term assets (A$2.2M) exceed its long term liabilities (A$4.0K).
Debt to Equity History and Analysis
Debt Level: SQX is debt free.
Reducing Debt: SQX 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: SQX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SQX has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 52.2% each year.