Sun Peak Metals Balance Sheet Health
Financial Health criteria checks 6/6
Sun Peak Metals has a total shareholder equity of CA$9.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.6M and CA$56.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.00m |
| Equity | CA$9.49m |
| Total liabilities | CA$56.81k |
| Total assets | CA$9.55m |
Recent financial health updates
We're Hopeful That Sun Peak Metals (CVE:PEAK) Will Use Its Cash Wisely
Sep 22
Here's Why We're Not At All Concerned With Sun Peak Metals' (CVE:PEAK) Cash Burn Situation
May 21Sun Peak Metals (CVE:PEAK) Is In A Good Position To Deliver On Growth Plans
Feb 02We're Hopeful That Sun Peak Metals (CVE:PEAK) Will Use Its Cash Wisely
Jul 01We Think Sun Peak Metals (CVE:PEAK) Can Afford To Drive Business Growth
Mar 02We're Not Very Worried About Sun Peak Metals' (CVE:PEAK) Cash Burn Rate
Nov 17
Recent updates
We're Hopeful That Sun Peak Metals (CVE:PEAK) Will Use Its Cash Wisely
Sep 22Here's Why We're Not At All Concerned With Sun Peak Metals' (CVE:PEAK) Cash Burn Situation
May 21Sun Peak Metals (CVE:PEAK) Is In A Good Position To Deliver On Growth Plans
Feb 02We're Hopeful That Sun Peak Metals (CVE:PEAK) Will Use Its Cash Wisely
Jul 01We Think Sun Peak Metals (CVE:PEAK) Can Afford To Drive Business Growth
Mar 02We're Not Very Worried About Sun Peak Metals' (CVE:PEAK) Cash Burn Rate
Nov 17Financial Position Analysis
Short Term Liabilities: PEAK's short term assets (CA$4.3M) exceed its short term liabilities (CA$56.8K).
Long Term Liabilities: PEAK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PEAK is debt free.
Reducing Debt: PEAK 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: PEAK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PEAK has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 7.2% each year.