South Pacific Metals Balance Sheet Health
Financial Health criteria checks 4/6
South Pacific Metals has a total shareholder equity of $11.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.9M and $559.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.40m |
| Equity | US$11.34m |
| Total liabilities | US$559.00k |
| Total assets | US$11.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPMC's short term assets ($1.5M) exceed its short term liabilities ($559.0K).
Long Term Liabilities: SPMC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SPMC is debt free.
Reducing Debt: SPMC 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: SPMC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SPMC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.8% each year