Riversgold Balance Sheet Health
Financial Health criteria checks 4/6
Riversgold has a total shareholder equity of A$7.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.7M and A$537.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.03m |
Equity | AU$7.14m |
Total liabilities | AU$537.85k |
Total assets | AU$7.68m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RGL's short term assets (A$1.2M) exceed its short term liabilities (A$537.8K).
Long Term Liabilities: RGL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RGL is debt free.
Reducing Debt: RGL 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: RGL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RGL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.7% each year