Strategic Minerals Europe Balance Sheet Health
Financial Health criteria checks 1/6
Strategic Minerals Europe has a total shareholder equity of $3.1M and total debt of $780.5K, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are $14.0M and $10.9M respectively.
Key information
24.8%
Debt to equity ratio
US$780.51k
Debt
| Interest coverage ratio | n/a |
| Cash | US$817.38k |
| Equity | US$3.15m |
| Total liabilities | US$10.88m |
| Total assets | US$14.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNTA's short term assets ($1.9M) do not cover its short term liabilities ($6.9M).
Long Term Liabilities: SNTA's short term assets ($1.9M) do not cover its long term liabilities ($4.0M).
Debt to Equity History and Analysis
Debt Level: SNTA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SNTA's debt to equity ratio has reduced 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: SNTA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SNTA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.2% each year