Sun Summit Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Sun Summit Minerals has a total shareholder equity of CA$1.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.9M and CA$161.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$216.75k |
Equity | CA$1.76m |
Total liabilities | CA$161.91k |
Total assets | CA$1.93m |
Financial Position Analysis
Short Term Liabilities: SMN's short term assets (CA$404.7K) exceed its short term liabilities (CA$161.9K).
Long Term Liabilities: SMN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SMN is debt free.
Reducing Debt: SMN 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: SMN has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SMN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.