Spacetalk Balance Sheet Health
Financial Health criteria checks 0/6
Spacetalk has a total shareholder equity of A$-1.9M and total debt of A$5.0M, which brings its debt-to-equity ratio to -257.4%. Its total assets and total liabilities are A$10.8M and A$12.7M respectively.
Key information
-257.4%
Debt to equity ratio
AU$5.00m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.88m |
| Equity | -AU$1.94m |
| Total liabilities | AU$12.70m |
| Total assets | AU$10.76m |
Recent financial health updates
Is Spacetalk (ASX:SPA) Using Too Much Debt?
Jun 20
Is Spacetalk (ASX:SPA) Using Too Much Debt?
Mar 04We're Hopeful That Spacetalk (ASX:SPA) Will Use Its Cash Wisely
Jan 21Recent updates
There's No Escaping Spacetalk Limited's (ASX:SPA) Muted Revenues
Mar 28Investors Don't See Light At End Of Spacetalk Limited's (ASX:SPA) Tunnel And Push Stock Down 28%
Aug 08Is Spacetalk (ASX:SPA) Using Too Much Debt?
Jun 20Is Spacetalk (ASX:SPA) Using Too Much Debt?
Mar 04We're Hopeful That Spacetalk (ASX:SPA) Will Use Its Cash Wisely
Jan 21Financial Position Analysis
Short Term Liabilities: SPA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SPA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SPA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SPA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: SPA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SPA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.3% each year