Sipa Resources Balance Sheet Health
Financial Health criteria checks 6/6
Sipa Resources 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$583.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.21m |
Equity | AU$2.89m |
Total liabilities | AU$583.78k |
Total assets | AU$3.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRI's short term assets (A$3.4M) exceed its short term liabilities (A$583.8K).
Long Term Liabilities: SRI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SRI is debt free.
Reducing Debt: SRI has not had any debt for past 5 years.
Debt Coverage: SRI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SRI has no debt, therefore coverage of interest payments is not a concern.