S2 Resources Balance Sheet Health
Financial Health criteria checks 6/6
S2 Resources has a total shareholder equity of A$12.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$13.1M and A$930.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$9.62m |
Equity | AU$12.13m |
Total liabilities | AU$930.50k |
Total assets | AU$13.06m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SRSS.F's short term assets (A$10.3M) exceed its short term liabilities (A$794.2K).
Long Term Liabilities: SRSS.F's short term assets (A$10.3M) exceed its long term liabilities (A$136.3K).
Debt to Equity History and Analysis
Debt Level: SRSS.F is debt free.
Reducing Debt: SRSS.F has not had any debt for 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: SRSS.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SRSS.F has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 4.1% each year.