Spectur Balance Sheet Health
Financial Health criteria checks 5/6
Spectur has a total shareholder equity of A$1.1M and total debt of A$415.3K, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are A$5.5M and A$4.4M respectively.
Key information
36.9%
Debt to equity ratio
AU$415.29k
Debt
Interest coverage ratio | n/a |
Cash | AU$944.56k |
Equity | AU$1.12m |
Total liabilities | AU$4.41m |
Total assets | AU$5.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SP3's short term assets (A$4.1M) exceed its short term liabilities (A$3.3M).
Long Term Liabilities: SP3's short term assets (A$4.1M) exceed its long term liabilities (A$1.1M).
Debt to Equity History and Analysis
Debt Level: SP3 has more cash than its total debt.
Reducing Debt: SP3's debt to equity ratio has increased from 5.5% to 36.9% 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: SP3 has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SP3 is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.