Strategic Minerals Balance Sheet Health
Financial Health criteria checks 4/6
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
Financial Position Analysis
Short Term Liabilities: SMCD.F's short term assets ($538.0K) do not cover its short term liabilities ($944.0K).
Long Term Liabilities: SMCD.F's short term assets ($538.0K) do not cover its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: SMCD.F is debt free.
Reducing Debt: SMCD.F 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: Whilst unprofitable SMCD.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SMCD.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/29 05:36 |
| End of Day Share Price | 2023/11/01 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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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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. 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 |