Strathmore Plus Uranium Balance Sheet Health
Financial Health criteria checks 6/6
Strathmore Plus Uranium has a total shareholder equity of CA$2.8M and total debt of CA$500.0K, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are CA$3.5M and CA$720.0K respectively.
Key information
17.9%
Debt to equity ratio
CA$500.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$2.15m |
Equity | CA$2.79m |
Total liabilities | CA$720.04k |
Total assets | CA$3.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUU's short term assets (CA$2.2M) exceed its short term liabilities (CA$720.0K).
Long Term Liabilities: SUU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SUU has more cash than its total debt.
Reducing Debt: SUU had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: SUU has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SUU is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.