SECOS Group Balance Sheet Health
Financial Health criteria checks 6/6
SECOS Group has a total shareholder equity of A$20.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$24.2M and A$4.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$7.45m |
Equity | AU$20.15m |
Total liabilities | AU$4.05m |
Total assets | AU$24.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MZ6's short term assets (A$14.2M) exceed its short term liabilities (A$3.2M).
Long Term Liabilities: MZ6's short term assets (A$14.2M) exceed its long term liabilities (A$834.0K).
Debt to Equity History and Analysis
Debt Level: MZ6 is debt free.
Reducing Debt: MZ6 has no debt compared to 5 years ago when its debt to equity ratio was 64.2%.
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: MZ6 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MZ6 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 10.9% each year