Suvo Strategic Minerals Limited

ASX:SUV Stock Report

Market Cap: AU$40.5m

Suvo Strategic Minerals Balance Sheet Health

Financial Health criteria checks 5/6

Suvo Strategic Minerals has a total shareholder equity of A$13.1M and total debt of A$1.8M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are A$21.3M and A$8.2M respectively.

Key information

14.0%

Debt to equity ratio

AU$1.84m

Debt

Interest coverage ration/a
CashAU$1.78m
EquityAU$13.14m
Total liabilitiesAU$8.15m
Total assetsAU$21.29m

Recent financial health updates

Recent updates

Here's Why We're Not Too Worried About Suvo Strategic Minerals' (ASX:SUV) Cash Burn Situation

Nov 02
Here's Why We're Not Too Worried About Suvo Strategic Minerals' (ASX:SUV) Cash Burn Situation

We Think Suvo Strategic Minerals (ASX:SUV) Can Easily Afford To Drive Business Growth

Jul 01
We Think Suvo Strategic Minerals (ASX:SUV) Can Easily Afford To Drive Business Growth

Financial Position Analysis

Short Term Liabilities: SUV's short term assets (A$6.0M) exceed its short term liabilities (A$5.1M).

Long Term Liabilities: SUV's short term assets (A$6.0M) exceed its long term liabilities (A$3.0M).


Debt to Equity History and Analysis

Debt Level: SUV's net debt to equity ratio (0.5%) is considered satisfactory.

Reducing Debt: SUV's debt to equity ratio has increased from 0% to 14% 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: SUV has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: SUV is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.


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