Syrah Resources Balance Sheet Health
Financial Health criteria checks 3/6
Syrah Resources has a total shareholder equity of $431.9M and total debt of $207.3M, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are $698.2M and $266.3M respectively.
Key information
48.0%
Debt to equity ratio
US$207.30m
Debt
| Interest coverage ratio | n/a |
| Cash | US$81.61m |
| Equity | US$431.90m |
| Total liabilities | US$266.31m |
| Total assets | US$698.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYR's short term assets ($127.7M) exceed its short term liabilities ($28.0M).
Long Term Liabilities: SYR's short term assets ($127.7M) do not cover its long term liabilities ($238.3M).
Debt to Equity History and Analysis
Debt Level: SYR's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: SYR's debt to equity ratio has increased from 0% to 48% 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: SYR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SYR has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 16.1% each year.