Skeena Resources Balance Sheet Health
Financial Health criteria checks 5/6
Skeena Resources has a total shareholder equity of CA$101.5M and total debt of CA$24.0M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are CA$167.6M and CA$66.1M respectively.
Key information
23.6%
Debt to equity ratio
CA$23.96m
Debt
Interest coverage ratio | n/a |
Cash | CA$60.43m |
Equity | CA$101.49m |
Total liabilities | CA$66.09m |
Total assets | CA$167.58m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SKE's short term assets (CA$64.2M) exceed its short term liabilities (CA$20.7M).
Long Term Liabilities: SKE's short term assets (CA$64.2M) exceed its long term liabilities (CA$45.4M).
Debt to Equity History and Analysis
Debt Level: SKE has more cash than its total debt.
Reducing Debt: SKE's debt to equity ratio has increased from 0% to 23.6% over the 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: SKE has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SKE is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.