SP Strategic Acquisition Balance Sheet Health
Financial Health criteria checks 6/6
SP Strategic Acquisition has a total shareholder equity of CA$414.6K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$420.3K and CA$5.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$420.31k |
| Equity | CA$414.64k |
| Total liabilities | CA$5.68k |
| Total assets | CA$420.31k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPSA.P's short term assets (CA$420.3K) exceed its short term liabilities (CA$5.7K).
Long Term Liabilities: SPSA.P has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SPSA.P is debt free.
Reducing Debt: SPSA.P has not had any debt for 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: Whilst unprofitable SPSA.P has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SPSA.P is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.1% per year.