South Pacific Metals Balance Sheet Health
Financial Health criteria checks 5/6
South Pacific Metals has a total shareholder equity of $9.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $10.7M and $1.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$455.00k |
| Equity | US$9.36m |
| Total liabilities | US$1.36m |
| Total assets | US$10.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPME.F's short term assets ($529.0K) do not cover its short term liabilities ($1.4M).
Long Term Liabilities: SPME.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SPME.F is debt free.
Reducing Debt: SPME.F 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: SPME.F has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SPME.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.