Richmond Vanadium Technology Balance Sheet Health
Financial Health criteria checks 6/6
Richmond Vanadium Technology has a total shareholder equity of A$43.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$44.7M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.30m |
| Equity | AU$43.05m |
| Total liabilities | AU$1.66m |
| Total assets | AU$44.71m |
Recent financial health updates
We Think Richmond Vanadium Technology (ASX:RVT) Can Afford To Drive Business Growth
Aug 19
We Think Richmond Vanadium Technology (ASX:RVT) Can Afford To Drive Business Growth
Apr 30We Think Richmond Vanadium Technology (ASX:RVT) Can Afford To Drive Business Growth
Dec 09Companies Like Richmond Vanadium Technology (ASX:RVT) Can Afford To Invest In Growth
Aug 01We're Interested To See How Richmond Vanadium Technology (ASX:RVT) Uses Its Cash Hoard To Grow
Apr 13Recent updates
We Think Richmond Vanadium Technology (ASX:RVT) Can Afford To Drive Business Growth
Aug 19We Think Richmond Vanadium Technology (ASX:RVT) Can Afford To Drive Business Growth
Apr 30We Think Richmond Vanadium Technology (ASX:RVT) Can Afford To Drive Business Growth
Dec 09Companies Like Richmond Vanadium Technology (ASX:RVT) Can Afford To Invest In Growth
Aug 01We're Interested To See How Richmond Vanadium Technology (ASX:RVT) Uses Its Cash Hoard To Grow
Apr 13Financial Position Analysis
Short Term Liabilities: RVT's short term assets (A$13.6M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: RVT's short term assets (A$13.6M) exceed its long term liabilities (A$26.0K).
Debt to Equity History and Analysis
Debt Level: RVT is debt free.
Reducing Debt: RVT has not had any debt for 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: RVT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RVT has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 34.7% each year.