Starrex International Balance Sheet Health
Financial Health criteria checks 2/6
Starrex International has a total shareholder equity of $3.8M and total debt of $6.7M, which brings its debt-to-equity ratio to 177.8%. Its total assets and total liabilities are $13.0M and $9.2M respectively.
Key information
177.8%
Debt to equity ratio
US$6.72m
Debt
Interest coverage ratio | n/a |
Cash | US$2.34m |
Equity | US$3.78m |
Total liabilities | US$9.23m |
Total assets | US$13.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STXM.F's short term assets ($2.9M) do not cover its short term liabilities ($8.4M).
Long Term Liabilities: STXM.F's short term assets ($2.9M) exceed its long term liabilities ($795.7K).
Debt to Equity History and Analysis
Debt Level: STXM.F's net debt to equity ratio (115.8%) is considered high.
Reducing Debt: STXM.F's debt to equity ratio has increased from 49.5% to 177.8% 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 sufficient cash runway for more than a year 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 19.7% each year