Structural Monitoring Systems Balance Sheet Health
Financial Health criteria checks 5/6
Structural Monitoring Systems has a total shareholder equity of A$14.6M and total debt of A$6.3M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are A$32.8M and A$18.2M respectively.
Key information
43.3%
Debt to equity ratio
AU$6.33m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.26m |
| Equity | AU$14.62m |
| Total liabilities | AU$18.20m |
| Total assets | AU$32.82m |
Recent financial health updates
We Think Structural Monitoring Systems (ASX:SMN) Has A Fair Chunk Of Debt
May 08
Does Structural Monitoring Systems (ASX:SMN) Have A Healthy Balance Sheet?
Sep 25Structural Monitoring Systems (ASX:SMN) Is Making Moderate Use Of Debt
Jun 07Recent updates
Structural Monitoring Systems Plc (ASX:SMN) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Nov 03There's Reason For Concern Over Structural Monitoring Systems Plc's (ASX:SMN) Massive 26% Price Jump
Aug 22Structural Monitoring Systems Plc's (ASX:SMN) 41% Share Price Surge Not Quite Adding Up
Jul 05We Think Structural Monitoring Systems (ASX:SMN) Has A Fair Chunk Of Debt
May 08Does Structural Monitoring Systems (ASX:SMN) Have A Healthy Balance Sheet?
Sep 25Structural Monitoring Systems (ASX:SMN) Is Making Moderate Use Of Debt
Jun 07How Much Is Structural Monitoring Systems Plc (ASX:SMN) CEO Getting Paid?
Jan 05Financial Position Analysis
Short Term Liabilities: SMN's short term assets (A$17.8M) exceed its short term liabilities (A$10.6M).
Long Term Liabilities: SMN's short term assets (A$17.8M) exceed its long term liabilities (A$7.6M).
Debt to Equity History and Analysis
Debt Level: SMN's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: SMN's debt to equity ratio has increased from 5.9% to 43.3% 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 SMN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SMN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8% per year.