Spirit Technology Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Spirit Technology Solutions has a total shareholder equity of A$73.0M and total debt of A$35.9M, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are A$171.4M and A$98.4M respectively.
Key information
49.2%
Debt to equity ratio
AU$35.93m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$8.87m |
| Equity | AU$73.05m |
| Total liabilities | AU$98.37m |
| Total assets | AU$171.42m |
Recent financial health updates
Spirit Technology Solutions (ASX:ST1) Has Debt But No Earnings; Should You Worry?
Sep 03
Is Spirit Technology Solutions (ASX:ST1) Using Too Much Debt?
Jun 02Is Spirit Technology Solutions (ASX:ST1) Using Too Much Debt?
Nov 04These 4 Measures Indicate That Spirit Technology Solutions (ASX:ST1) Is Using Debt Extensively
Jun 28Is Spirit Technology Solutions (ASX:ST1) A Risky Investment?
Mar 09Does Spirit Technology Solutions (ASX:ST1) Have A Healthy Balance Sheet?
Nov 22Recent updates
Spirit Technology Solutions Ltd's (ASX:ST1) Share Price Matching Investor Opinion
Dec 05Spirit Technology Solutions Ltd (ASX:ST1) Soars 29% But It's A Story Of Risk Vs Reward
Jul 23It's Down 28% But Spirit Technology Solutions Ltd (ASX:ST1) Could Be Riskier Than It Looks
Feb 17Spirit Technology Solutions Ltd's (ASX:ST1) Subdued P/S Might Signal An Opportunity
Dec 18Spirit Technology Solutions (ASX:ST1) Has Debt But No Earnings; Should You Worry?
Sep 03Is Spirit Technology Solutions (ASX:ST1) Using Too Much Debt?
Jun 02Is Spirit Technology Solutions (ASX:ST1) Using Too Much Debt?
Nov 04One Spirit Technology Solutions Ltd (ASX:ST1) Analyst Just Slashed Their Estimates By A Noticeable 20%
Aug 26These 4 Measures Indicate That Spirit Technology Solutions (ASX:ST1) Is Using Debt Extensively
Jun 28At AU$0.076, Is Spirit Technology Solutions Ltd (ASX:ST1) Worth Looking At Closely?
May 06Is Spirit Technology Solutions (ASX:ST1) A Risky Investment?
Mar 09Does Spirit Technology Solutions (ASX:ST1) Have A Healthy Balance Sheet?
Nov 22Here's Why Spirit Technology Solutions (ASX:ST1) Can Manage Its Debt Responsibly
Mar 29Financial Position Analysis
Short Term Liabilities: ST1's short term assets (A$38.6M) do not cover its short term liabilities (A$52.4M).
Long Term Liabilities: ST1's short term assets (A$38.6M) do not cover its long term liabilities (A$46.0M).
Debt to Equity History and Analysis
Debt Level: ST1's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: ST1's debt to equity ratio has increased from 19% to 49.2% 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: ST1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ST1 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 16.3% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/03 21:52 |
| End of Day Share Price | 2025/02/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Spirit Technology Solutions Ltd is covered by 2 analysts. 0 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 |
|---|---|
| Conor O’Prey | Canaccord Genuity |
| Jonathon Higgins | Shaw and Partners Limited |