Select Sands Balance Sheet Health
Financial Health criteria checks 2/6
Select Sands has a total shareholder equity of $3.5M and total debt of $10.1M, which brings its debt-to-equity ratio to 285.8%. Its total assets and total liabilities are $18.0M and $14.5M respectively.
Key information
285.8%
Debt to equity ratio
US$10.07m
Debt
| Interest coverage ratio | n/a |
| Cash | US$286.54k |
| Equity | US$3.52m |
| Total liabilities | US$14.52m |
| Total assets | US$18.04m |
Recent financial health updates
Does Select Sands (CVE:SNS) Have A Healthy Balance Sheet?
Mar 04
Is Select Sands (CVE:SNS) Weighed On By Its Debt Load?
Nov 16Does Select Sands (CVE:SNS) Have A Healthy Balance Sheet?
Aug 01Select Sands (CVE:SNS) Has Debt But No Earnings; Should You Worry?
Feb 28Recent updates
Select Sands' (CVE:SNS) Returns On Capital Are Heading Higher
May 04Does Select Sands (CVE:SNS) Have A Healthy Balance Sheet?
Mar 04Select Sands (CVE:SNS) Is Experiencing Growth In Returns On Capital
Jan 10Is Select Sands (CVE:SNS) Weighed On By Its Debt Load?
Nov 16Does Select Sands (CVE:SNS) Have A Healthy Balance Sheet?
Aug 01Select Sands (CVE:SNS) Has Debt But No Earnings; Should You Worry?
Feb 28Financial Position Analysis
Short Term Liabilities: SNS's short term assets ($5.0M) do not cover its short term liabilities ($6.0M).
Long Term Liabilities: SNS's short term assets ($5.0M) do not cover its long term liabilities ($8.5M).
Debt to Equity History and Analysis
Debt Level: SNS's net debt to equity ratio (277.7%) is considered high.
Reducing Debt: SNS's debt to equity ratio has increased from 18.1% to 285.8% 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: Whilst unprofitable SNS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SNS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.7% per year.