Radisson Mining Resources Balance Sheet Health
Financial Health criteria checks 6/6
Radisson Mining Resources has a total shareholder equity of CA$50.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$56.9M and CA$6.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$8.68m |
Equity | CA$49.96m |
Total liabilities | CA$6.90m |
Total assets | CA$56.85m |
Financial Position Analysis
Short Term Liabilities: RDS's short term assets (CA$9.0M) exceed its short term liabilities (CA$477.5K).
Long Term Liabilities: RDS's short term assets (CA$9.0M) exceed its long term liabilities (CA$6.4M).
Debt to Equity History and Analysis
Debt Level: RDS is debt free.
Reducing Debt: RDS 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: RDS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RDS has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 19.1% each year.