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
No updates
Recent updates
Financial 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/22 17:16 |
| End of Day Share Price | 2023/10/26 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2023/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Strandline Resources Limited is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Dale Koenders | Barrenjoey Markets Pty Limited |
| Glyn Lawcock | Barrenjoey Markets Pty Limited |