Spark Energy Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Spark Energy Minerals has a total shareholder equity of CA$8.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.3M and CA$1.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$86.10k |
Equity | CA$8.24m |
Total liabilities | CA$1.03m |
Total assets | CA$9.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8PC's short term assets (CA$320.8K) do not cover its short term liabilities (CA$1.0M).
Long Term Liabilities: 8PC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8PC is debt free.
Reducing Debt: 8PC 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: 8PC has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8PC is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.