South Star Battery Metals Balance Sheet Health
Financial Health criteria checks 5/6
South Star Battery Metals has a total shareholder equity of CA$12.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$30.6M and CA$17.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.04m |
| Equity | CA$12.93m |
| Total liabilities | CA$17.70m |
| Total assets | CA$30.63m |
Financial Position Analysis
Short Term Liabilities: STS's short term assets (CA$6.3M) exceed its short term liabilities (CA$4.7M).
Long Term Liabilities: STS's short term assets (CA$6.3M) do not cover its long term liabilities (CA$13.0M).
Debt to Equity History and Analysis
Debt Level: STS is debt free.
Reducing Debt: STS had no debt 5 years ago.
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: STS has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: STS is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.