Strategic Minerals Balance Sheet Health

Financial Health criteria checks 3/6

Strategic Minerals has a total shareholder equity of $4.3M and total debt of $68.0K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are $7.2M and $2.9M respectively. Strategic Minerals's EBIT is $788.0K making its interest coverage ratio 18.8. It has cash and short-term investments of $280.0K.

Key information

1.6%

Debt to equity ratio

US$68.00k

Debt

Interest coverage ratio18.8x
CashUS$280.00k
EquityUS$4.31m
Total liabilitiesUS$2.88m
Total assetsUS$7.19m

Recent financial health updates

No updates

Recent updates

The Returns On Capital At Strategic Minerals (LON:SML) Don't Inspire Confidence

May 14
The Returns On Capital At Strategic Minerals (LON:SML) Don't Inspire Confidence

The Returns On Capital At Strategic Minerals (LON:SML) Don't Inspire Confidence

Jan 17
The Returns On Capital At Strategic Minerals (LON:SML) Don't Inspire Confidence

The Returns On Capital At Strategic Minerals (LON:SML) Don't Inspire Confidence

Sep 22
The Returns On Capital At Strategic Minerals (LON:SML) Don't Inspire Confidence

Calculating The Fair Value Of Strategic Minerals Plc (LON:SML)

Jun 28
Calculating The Fair Value Of Strategic Minerals Plc (LON:SML)

The Returns On Capital At Strategic Minerals (LON:SML) Don't Inspire Confidence

Mar 03
The Returns On Capital At Strategic Minerals (LON:SML) Don't Inspire Confidence

Returns On Capital At Strategic Minerals (LON:SML) Paint A Concerning Picture

Nov 10
Returns On Capital At Strategic Minerals (LON:SML) Paint A Concerning Picture

Strategic Minerals (LON:SML) Is Looking To Continue Growing Its Returns On Capital

Jun 15
Strategic Minerals (LON:SML) Is Looking To Continue Growing Its Returns On Capital

Returns At Strategic Minerals (LON:SML) Are On The Way Up

Mar 16
Returns At Strategic Minerals (LON:SML) Are On The Way Up

The Return Trends At Strategic Minerals (LON:SML) Look Promising

Nov 29
The Return Trends At Strategic Minerals (LON:SML) Look Promising

Strategic Minerals (LON:SML) Is Experiencing Growth In Returns On Capital

Jun 08
Strategic Minerals (LON:SML) Is Experiencing Growth In Returns On Capital

What Do The Returns At Strategic Minerals (LON:SML) Mean Going Forward?

Feb 23
What Do The Returns At Strategic Minerals (LON:SML) Mean Going Forward?

Financial Position Analysis

Short Term Liabilities: SML's short term assets ($803.0K) do not cover its short term liabilities ($1.3M).

Long Term Liabilities: SML's short term assets ($803.0K) do not cover its long term liabilities ($1.5M).


Debt to Equity History and Analysis

Debt Level: SML has more cash than its total debt.

Reducing Debt: SML's debt to equity ratio has increased from 0% to 1.6% 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: Whilst unprofitable SML has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SML is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.3% per year.


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