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.