Spirit Technology Solutions Financial Health

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 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.

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.

• Healthy companies in the Telecom industry.