Syrah Resources Balance Sheet Health
Financial Health criteria checks 3/6
Syrah Resources has a total shareholder equity of $353.6M and total debt of $279.9M, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are $700.0M and $346.4M respectively.
Key information
79.2%
Debt to equity ratio
US$279.92m
Debt
Interest coverage ratio | n/a |
Cash | US$84.89m |
Equity | US$353.60m |
Total liabilities | US$346.44m |
Total assets | US$700.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYAA.F's short term assets ($125.1M) do not cover its short term liabilities ($311.9M).
Long Term Liabilities: SYAA.F's short term assets ($125.1M) exceed its long term liabilities ($34.5M).
Debt to Equity History and Analysis
Debt Level: SYAA.F's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: SYAA.F's debt to equity ratio has increased from 0% to 79.2% 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: SYAA.F has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SYAA.F is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.