Spirit Technology Solutions Financial Health
How is Spirit Technology Solutions's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
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.
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.