Sunshine Metals Balance Sheet Health
Financial Health criteria checks 6/6
Sunshine Metals has a total shareholder equity of A$17.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$19.9M and A$2.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.07m |
| Equity | AU$17.23m |
| Total liabilities | AU$2.64m |
| Total assets | AU$19.87m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SHN's short term assets (A$2.2M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: SHN's short term assets (A$2.2M) exceed its long term liabilities (A$1.6M).
Debt to Equity History and Analysis
Debt Level: SHN is debt free.
Reducing Debt: SHN 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: SHN has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SHN is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.