Syrah Resources Balance Sheet Health

Financial Health criteria checks 3/6

Syrah Resources has a total shareholder equity of $431.9M and total debt of $207.3M, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are $698.2M and $266.3M respectively.

Key information

48.0%

Debt to equity ratio

US$207.30m

Debt

Interest coverage ration/a
CashUS$81.61m
EquityUS$431.90m
Total liabilitiesUS$266.31m
Total assetsUS$698.21m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 3S7's short term assets ($127.7M) exceed its short term liabilities ($28.0M).

Long Term Liabilities: 3S7's short term assets ($127.7M) do not cover its long term liabilities ($238.3M).


Debt to Equity History and Analysis

Debt Level: 3S7's net debt to equity ratio (29.1%) is considered satisfactory.

Reducing Debt: 3S7's debt to equity ratio has increased from 0% to 48% 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: 3S7 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 3S7 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 16.1% each year.


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