Sky Gold Balance Sheet Health
Financial Health criteria checks 2/6
Sky Gold has a total shareholder equity of CA$532.8K and total debt of CA$31.0K, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CA$795.1K and CA$262.3K respectively.
Key information
5.8%
Debt to equity ratio
CA$31.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$12.24k |
Equity | CA$532.83k |
Total liabilities | CA$262.31k |
Total assets | CA$795.15k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRKZ.F's short term assets (CA$41.0K) do not cover its short term liabilities (CA$262.3K).
Long Term Liabilities: SRKZ.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SRKZ.F's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: SRKZ.F's debt to equity ratio has increased from 0% to 5.8% 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: SRKZ.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SRKZ.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.7% each year.