Sunshine Metals Balance Sheet Health
Financial Health criteria checks 4/6
Sunshine Metals has a total shareholder equity of A$14.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$17.3M and A$2.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.39m |
| Equity | AU$14.71m |
| Total liabilities | AU$2.58m |
| Total assets | AU$17.29m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SHN's short term assets (A$3.6M) exceed its short term liabilities (A$1.0M).
Long Term Liabilities: SHN's short term assets (A$3.6M) exceed its long term liabilities (A$1.6M).
Debt to Equity History and Analysis
Debt Level: SHN is debt free.
Reducing Debt: SHN has no debt compared to 5 years ago when its debt to equity ratio was 0.05%.
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: SHN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SHN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.8% each year