Sky Metals Balance Sheet Health
Financial Health criteria checks 4/6
Sky Metals has a total shareholder equity of A$17.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$18.4M and A$1.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.26m |
| Equity | AU$17.14m |
| Total liabilities | AU$1.28m |
| Total assets | AU$18.42m |
Financial Position Analysis
Short Term Liabilities: SKY's short term assets (A$3.3M) exceed its short term liabilities (A$977.6K).
Long Term Liabilities: SKY's short term assets (A$3.3M) exceed its long term liabilities (A$297.9K).
Debt to Equity History and Analysis
Debt Level: SKY is debt free.
Reducing Debt: SKY had no debt 5 years ago.
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: SKY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SKY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21% each year