Sky Metals Balance Sheet Health
Financial Health criteria checks 6/6
Sky Metals has a total shareholder equity of A$13.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$14.5M and A$685.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.12m |
| Equity | AU$13.81m |
| Total liabilities | AU$685.33k |
| Total assets | AU$14.49m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SKY's short term assets (A$1.1M) exceed its short term liabilities (A$358.5K).
Long Term Liabilities: SKY's short term assets (A$1.1M) exceed its long term liabilities (A$326.8K).
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 sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SKY is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.