Strandline Resources Balance Sheet Health
Financial Health criteria checks 2/6
Strandline Resources has a total shareholder equity of A$167.3M and total debt of A$197.5M, which brings its debt-to-equity ratio to 118%. Its total assets and total liabilities are A$443.1M and A$275.7M respectively.
Key information
118.0%
Debt to equity ratio
AU$197.47m
Debt
Interest coverage ratio | n/a |
Cash | AU$41.30m |
Equity | AU$167.35m |
Total liabilities | AU$275.73m |
Total assets | AU$443.08m |
Recent financial health updates
Does Strandline Resources (ASX:STA) Have A Healthy Balance Sheet?
Mar 17Is Strandline Resources (ASX:STA) A Risky Investment?
Sep 21Companies Like Strandline Resources (ASX:STA) Are In A Position To Invest In Growth
Mar 16Is Strandline Resources (ASX:STA) In A Good Position To Invest In Growth?
Nov 23Recent updates
Strandline Resources Limited (ASX:STA) Shares Could Be 39% Below Their Intrinsic Value Estimate
Jun 20Does Strandline Resources (ASX:STA) Have A Healthy Balance Sheet?
Mar 17Strandline Resources Limited's (ASX:STA) CEO Will Probably Have Their Compensation Approved By Shareholders
Nov 18Is Strandline Resources (ASX:STA) A Risky Investment?
Sep 21A Look At The Intrinsic Value Of Strandline Resources Limited (ASX:STA)
Jun 15Estimating The Fair Value Of Strandline Resources Limited (ASX:STA)
Jan 17Is Strandline Resources Limited (ASX:STA) Trading At A 31% Discount?
Sep 18Companies Like Strandline Resources (ASX:STA) Are In A Position To Invest In Growth
Mar 16How Much is Strandline Resources' (ASX:STA) CEO Getting Paid?
Feb 16Strandline Resources Limited (ASX:STA) Is Expected To Breakeven In The Near Future
Jan 19Calculating The Fair Value Of Strandline Resources Limited (ASX:STA)
Dec 20Is Strandline Resources (ASX:STA) In A Good Position To Invest In Growth?
Nov 23Financial Position Analysis
Short Term Liabilities: STA's short term assets (A$57.5M) do not cover its short term liabilities (A$65.5M).
Long Term Liabilities: STA's short term assets (A$57.5M) do not cover its long term liabilities (A$210.3M).
Debt to Equity History and Analysis
Debt Level: STA's net debt to equity ratio (93.3%) is considered high.
Reducing Debt: STA's debt to equity ratio has increased from 0% to 118% over the 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: Whilst unprofitable STA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: STA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.3% per year.