Structural Monitoring Systems Balance Sheet Health
Financial Health criteria checks 5/6
Structural Monitoring Systems has a total shareholder equity of A$14.8M and total debt of A$5.5M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are A$32.2M and A$17.4M respectively.
Key information
37.2%
Debt to equity ratio
AU$5.49m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.50m |
| Equity | AU$14.78m |
| Total liabilities | AU$17.42m |
| Total assets | AU$32.19m |
Financial Position Analysis
Short Term Liabilities: SMN's short term assets (A$16.6M) exceed its short term liabilities (A$9.0M).
Long Term Liabilities: SMN's short term assets (A$16.6M) exceed its long term liabilities (A$8.4M).
Debt to Equity History and Analysis
Debt Level: SMN's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: SMN's debt to equity ratio has increased from 0% to 37.2% 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: SMN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SMN has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 15.1% each year.