Sailfish Royalty Balance Sheet Health
Financial Health criteria checks 5/6
Sailfish Royalty has a total shareholder equity of $37.4M and total debt of $4.0M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are $42.8M and $5.4M respectively.
Key information
10.6%
Debt to equity ratio
US$3.97m
Debt
Interest coverage ratio | n/a |
Cash | US$2.55m |
Equity | US$37.42m |
Total liabilities | US$5.37m |
Total assets | US$42.79m |
Recent financial health updates
Here's Why Sailfish Royalty (CVE:FISH) Can Afford Some Debt
Mar 07Here's Why Sailfish Royalty (CVE:FISH) Can Afford Some Debt
Oct 29Here's Why We're Not At All Concerned With Sailfish Royalty's (CVE:FISH) Cash Burn Situation
Mar 03Is Sailfish Royalty (CVE:FISH) In A Good Position To Invest In Growth?
May 27Sailfish Royalty (CVE:FISH) Is Making Moderate Use Of Debt
Mar 11Is Sailfish Royalty (CVE:FISH) A Risky Investment?
Nov 26Recent updates
Here's Why Sailfish Royalty (CVE:FISH) Can Afford Some Debt
Mar 07Here's Why Sailfish Royalty (CVE:FISH) Can Afford Some Debt
Oct 29Here's Why We're Not At All Concerned With Sailfish Royalty's (CVE:FISH) Cash Burn Situation
Mar 03Calculating The Intrinsic Value Of Sailfish Royalty Corp. (CVE:FISH)
Sep 03Is Sailfish Royalty (CVE:FISH) In A Good Position To Invest In Growth?
May 27Sailfish Royalty (CVE:FISH) Is Making Moderate Use Of Debt
Mar 11How Much Are Sailfish Royalty Corp. (CVE:FISH) Insiders Spending On Buying Shares?
Jan 18Is Sailfish Royalty (CVE:FISH) A Risky Investment?
Nov 26Financial Position Analysis
Short Term Liabilities: FISH's short term assets ($6.4M) exceed its short term liabilities ($1.4M).
Long Term Liabilities: FISH's short term assets ($6.4M) exceed its long term liabilities ($3.9M).
Debt to Equity History and Analysis
Debt Level: FISH's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: FISH's debt to equity ratio has increased from 0% to 10.6% 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: FISH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FISH has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 34.5% each year.