Sunda Energy Balance Sheet Health
Financial Health criteria checks 6/6
Sunda Energy has a total shareholder equity of £10.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £10.6M and £258.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£4.55m |
Equity | UK£10.37m |
Total liabilities | UK£258.00k |
Total assets | UK£10.63m |
Recent financial health updates
Is Baron Oil (LON:BOIL) In A Good Position To Deliver On Growth Plans?
Jan 12Is Baron Oil (LON:BOIL) In A Good Position To Invest In Growth?
Sep 27Here's Why We're Not Too Worried About Baron Oil's (LON:BOIL) Cash Burn Situation
Jun 01We're Hopeful That Baron Oil (LON:BOIL) Will Use Its Cash Wisely
Feb 15Here's Why We're Watching Baron Oil's (LON:BOIL) Cash Burn Situation
Oct 20Recent updates
Is Baron Oil (LON:BOIL) In A Good Position To Deliver On Growth Plans?
Jan 12Is Baron Oil (LON:BOIL) In A Good Position To Invest In Growth?
Sep 27Here's Why We're Not Too Worried About Baron Oil's (LON:BOIL) Cash Burn Situation
Jun 01We're Hopeful That Baron Oil (LON:BOIL) Will Use Its Cash Wisely
Feb 15Here's Why We're Watching Baron Oil's (LON:BOIL) Cash Burn Situation
Oct 20Financial Position Analysis
Short Term Liabilities: SNDA's short term assets (£6.3M) exceed its short term liabilities (£245.0K).
Long Term Liabilities: SNDA's short term assets (£6.3M) exceed its long term liabilities (£13.0K).
Debt to Equity History and Analysis
Debt Level: SNDA is debt free.
Reducing Debt: SNDA 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: SNDA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SNDA has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 7.4% each year.