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 ratio | 18.8x |
| Cash | US$280.00k |
| Equity | US$4.31m |
| Total liabilities | US$2.88m |
| Total assets | US$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
Jan 17The Returns On Capital At Strategic Minerals (LON:SML) Don't Inspire Confidence
Sep 22Calculating The Fair Value Of Strategic Minerals Plc (LON:SML)
Jun 28The Returns On Capital At Strategic Minerals (LON:SML) Don't Inspire Confidence
Mar 03Returns On Capital At Strategic Minerals (LON:SML) Paint A Concerning Picture
Nov 10Strategic Minerals (LON:SML) Is Looking To Continue Growing Its Returns On Capital
Jun 15Returns At Strategic Minerals (LON:SML) Are On The Way Up
Mar 16The Return Trends At Strategic Minerals (LON:SML) Look Promising
Nov 29Strategic Minerals (LON:SML) Is Experiencing Growth In Returns On Capital
Jun 08What Do The Returns At Strategic Minerals (LON:SML) Mean Going Forward?
Feb 23Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 09:21 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Strategic Minerals Plc is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Austin McKelvie | Daniel Stewart & Company |