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.