Rock Tech Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Rock Tech Lithium has a total shareholder equity of CA$34.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$38.2M and CA$3.8M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.84m |
| Equity | CA$34.40m |
| Total liabilities | CA$3.81m |
| Total assets | CA$38.22m |
Recent financial health updates
Rock Tech Lithium (CVE:RCK) Will Have To Spend Its Cash Wisely
Dec 14
Is Rock Tech Lithium (CVE:RCK) In A Good Position To Invest In Growth?
Jun 07We're Not Very Worried About Rock Tech Lithium's (CVE:RCK) Cash Burn Rate
Oct 06We Think Rock Tech Lithium (CVE:RCK) Can Afford To Drive Business Growth
Jun 02Recent updates
Rock Tech Lithium (CVE:RCK) Will Have To Spend Its Cash Wisely
Dec 14Is Rock Tech Lithium (CVE:RCK) In A Good Position To Invest In Growth?
Jun 07We're Not Very Worried About Rock Tech Lithium's (CVE:RCK) Cash Burn Rate
Oct 06We Think Rock Tech Lithium (CVE:RCK) Can Afford To Drive Business Growth
Jun 02Financial Position Analysis
Short Term Liabilities: RCK's short term assets (CA$6.8M) exceed its short term liabilities (CA$3.4M).
Long Term Liabilities: RCK's short term assets (CA$6.8M) exceed its long term liabilities (CA$424.7K).
Debt to Equity History and Analysis
Debt Level: RCK is debt free.
Reducing Debt: RCK 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: RCK has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RCK is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.