Scorpion Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Scorpion Minerals has a total shareholder equity of A$5.0M and total debt of A$928.4K, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are A$7.1M and A$2.1M respectively.
Key information
18.6%
Debt to equity ratio
AU$928.40k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.64m |
| Equity | AU$4.98m |
| Total liabilities | AU$2.12m |
| Total assets | AU$7.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCN's short term assets (A$1.9M) do not cover its short term liabilities (A$2.1M).
Long Term Liabilities: SCN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SCN has more cash than its total debt.
Reducing Debt: SCN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Insufficient data to determine if SCN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SCN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.