Sky Gold Balance Sheet Health
Financial Health criteria checks 4/6
Sky Gold has a total shareholder equity of CA$447.3K and total debt of CA$21.0K, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are CA$778.0K and CA$330.7K respectively.
Key information
4.7%
Debt to equity ratio
CA$21.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$29.91k |
Equity | CA$447.34k |
Total liabilities | CA$330.65k |
Total assets | CA$777.99k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QSG's short term assets (CA$40.2K) do not cover its short term liabilities (CA$330.7K).
Long Term Liabilities: QSG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QSG has more cash than its total debt.
Reducing Debt: QSG's debt to equity ratio has increased from 0% to 4.7% 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: QSG has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: QSG is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.