Spirit Technology Solutions Ltd

ASX:ST1 Stock Report

Mkt Cap: AU$44.5m

Spirit Technology Solutions Financial Health

How is Spirit Technology Solutions's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ST1's short term assets (A$33.2M) do not cover its short term liabilities (A$43.2M).

Long Term Liabilities: ST1's short term assets (A$33.2M) exceed its long term liabilities (A$20.9M).


Debt to Equity History and Analysis

Debt Level: ST1's net debt to equity ratio (2.1%) is considered satisfactory.

Reducing Debt: ST1's debt to equity ratio has reduced from 63.4% to 21.9% 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: ST1 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: ST1 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 11.2% each year.


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