Sayona Mining Balance Sheet Health
Financial Health criteria checks 4/6
Sayona Mining has a total shareholder equity of A$795.6M and total debt of A$25.2M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are A$952.5M and A$156.9M respectively.
Key information
3.2%
Debt to equity ratio
AU$25.21m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$109.15m |
| Equity | AU$795.63m |
| Total liabilities | AU$156.88m |
| Total assets | AU$952.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SYA's short term assets (A$217.7M) exceed its short term liabilities (A$88.4M).
Long Term Liabilities: SYA's short term assets (A$217.7M) exceed its long term liabilities (A$68.5M).
Debt to Equity History and Analysis
Debt Level: SYA has more cash than its total debt.
Reducing Debt: SYA's debt to equity ratio has increased from 0% to 3.2% 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: SYA has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if SYA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.