Stavely Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Stavely Minerals has a total shareholder equity of A$7.6M and total debt of A$1.6M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are A$9.9M and A$2.3M respectively.
Key information
21.1%
Debt to equity ratio
AU$1.60m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.38m |
| Equity | AU$7.58m |
| Total liabilities | AU$2.27m |
| Total assets | AU$9.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SY3's short term assets (A$4.4M) exceed its short term liabilities (A$2.1M).
Long Term Liabilities: SY3's short term assets (A$4.4M) exceed its long term liabilities (A$169.2K).
Debt to Equity History and Analysis
Debt Level: SY3's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: SY3's debt to equity ratio has increased from 0% to 21.1% 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: SY3 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SY3 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.5% each year