Shuka Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Shuka Minerals has a total shareholder equity of £5.9M and total debt of £52.4K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are £6.8M and £854.9K respectively.
Key information
0.9%
Debt to equity ratio
UK£52.38k
Debt
Interest coverage ratio | n/a |
Cash | UK£440.66k |
Equity | UK£5.91m |
Total liabilities | UK£854.89k |
Total assets | UK£6.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKA's short term assets (£861.9K) exceed its short term liabilities (£773.5K).
Long Term Liabilities: SKA's short term assets (£861.9K) exceed its long term liabilities (£81.4K).
Debt to Equity History and Analysis
Debt Level: SKA has more cash than its total debt.
Reducing Debt: SKA's debt to equity ratio has increased from 0% to 0.9% 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: Insufficient data to determine if SKA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SKA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.