Sable Exploration and Mining Balance Sheet Health
Financial Health criteria checks 0/6
Sable Exploration and Mining has a total shareholder equity of ZAR-35.4M and total debt of ZAR35.9M, which brings its debt-to-equity ratio to -101.4%. Its total assets and total liabilities are ZAR1.4M and ZAR36.8M respectively.
Key information
-101.4%
Debt to equity ratio
R35.90m
Debt
Interest coverage ratio | n/a |
Cash | R6.39k |
Equity | -R35.42m |
Total liabilities | R36.80m |
Total assets | R1.38m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SXM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SXM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SXM has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SXM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: SXM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SXM has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.8% each year.