Resouro Strategic Metals Balance Sheet Health
Financial Health criteria checks 3/6
Resouro Strategic Metals has a total shareholder equity of CA$9.9M and total debt of CA$88.5K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CA$10.2M and CA$385.3K respectively.
Key information
0.9%
Debt to equity ratio
CA$88.48k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.32m |
| Equity | CA$9.85m |
| Total liabilities | CA$385.34k |
| Total assets | CA$10.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAU's short term assets (CA$4.4M) exceed its short term liabilities (CA$383.2K).
Long Term Liabilities: RAU's short term assets (CA$4.4M) exceed its long term liabilities (CA$2.2K).
Debt to Equity History and Analysis
Debt Level: RAU has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RAU's debt to equity ratio has reduced 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: RAU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RAU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.1% each year