Sanatana Resources Balance Sheet Health
Financial Health criteria checks 2/6
Sanatana Resources has a total shareholder equity of CA$-628.6K and total debt of CA$768.6K, which brings its debt-to-equity ratio to -122.3%. Its total assets and total liabilities are CA$424.3K and CA$1.1M respectively. Sanatana Resources's EBIT is CA$388.8K making its interest coverage ratio 5.7. It has cash and short-term investments of CA$324.0K.
Key information
-122.3%
Debt to equity ratio
CA$768.63k
Debt
Interest coverage ratio | 5.7x |
Cash | CA$324.04k |
Equity | -CA$628.56k |
Total liabilities | CA$1.05m |
Total assets | CA$424.31k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: STA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: STA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: STA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: STA's debt is well covered by operating cash flow (334.5%).
Interest Coverage: STA's interest payments on its debt are well covered by EBIT (5.7x coverage).