Strategic Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Strategic Minerals has a total shareholder equity of $12.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $15.2M and $2.3M respectively. Strategic Minerals's EBIT is $186.0K making its interest coverage ratio 26.6. It has cash and short-term investments of $129.0K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 26.6x |
| Cash | US$129.00k |
| Equity | US$12.90m |
| Total liabilities | US$2.34m |
| Total assets | US$15.24m |
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 ($538.0K) do not cover its short term liabilities ($944.0K).
Long Term Liabilities: SML's short term assets ($538.0K) do not cover its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: SML is debt free.
Reducing Debt: SML 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: Insufficient data to determine if SML has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SML has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.