Spartan Resources Limited

As of June 30, 2024, Spartan Resources Limited has 1.10B shares outstanding.

These figures are as of June 30, 2024.

These figures are as of June 30, 2024. Spartan Resources Limited trades at an EV/FCF ratio of 132.93, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

As of June 30, 2024, Spartan Resources Limited maintains a current ratio of 20.23, meaning it holds 20.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 6.37, indicating elevated leverage, while an interest coverage ratio of -3.06 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2024, Spartan Resources Limited posted a negative return on equity (ROE) of -41.99, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -23.59, reflecting losses generated across the asset base.

These figures cover the twelve months ended June 30, 2024. Free cash flow yield stands at 0.06, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -10.35, meaning Spartan Resources Limited raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Spartan Resources Limited's most recent stock split took place on March 9, 2023 with a 500:583 split ratio.

As of June 30, 2024, Spartan Resources Limited has an Altman Z-Score of 3.99, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.