Starrex International Balance Sheet Health
Financial Health criteria checks 1/6
Starrex International has a total shareholder equity of $2.4M and total debt of $6.7M, which brings its debt-to-equity ratio to 276%. Its total assets and total liabilities are $11.7M and $9.2M respectively.
Key information
276.0%
Debt to equity ratio
US$6.72m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.74m |
| Equity | US$2.44m |
| Total liabilities | US$9.22m |
| Total assets | US$11.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STXM.F's short term assets ($2.4M) do not cover its short term liabilities ($8.4M).
Long Term Liabilities: STXM.F's short term assets ($2.4M) exceed its long term liabilities ($790.8K).
Debt to Equity History and Analysis
Debt Level: STXM.F's net debt to equity ratio (204.4%) is considered high.
Reducing Debt: STXM.F's debt to equity ratio has increased from 70.5% to 276% 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: STXM.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: STXM.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.8% each year