Strategic Minerals Europe Balance Sheet Health
Financial Health criteria checks 0/6
Strategic Minerals Europe has a total shareholder equity of $340.8K and total debt of $2.1M, which brings its debt-to-equity ratio to 617%. Its total assets and total liabilities are $12.1M and $11.8M respectively.
Key information
617.0%
Debt to equity ratio
US$2.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.82k |
| Equity | US$340.85k |
| Total liabilities | US$11.78m |
| Total assets | US$12.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 26K0's short term assets ($737.3K) do not cover its short term liabilities ($8.9M).
Long Term Liabilities: 26K0's short term assets ($737.3K) do not cover its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: 26K0's net debt to equity ratio (613.3%) is considered high.
Reducing Debt: Insufficient data to determine if 26K0'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: 26K0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 26K0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.1% each year