Sokoman Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Sokoman Minerals has a total shareholder equity of CA$7.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.1M and CA$264.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.03m |
| Equity | CA$7.79m |
| Total liabilities | CA$264.29k |
| Total assets | CA$8.06m |
Financial Position Analysis
Short Term Liabilities: SIC's short term assets (CA$3.2M) exceed its short term liabilities (CA$264.3K).
Long Term Liabilities: SIC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SIC is debt free.
Reducing Debt: SIC has not had any debt for 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: SIC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SIC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.7% each year