Rumble Resources Balance Sheet Health
Financial Health criteria checks 4/6
Rumble Resources has a total shareholder equity of A$56.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$59.3M and A$2.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.52m |
| Equity | AU$56.87m |
| Total liabilities | AU$2.46m |
| Total assets | AU$59.33m |
Recent financial health updates
Is Rumble Resources (ASX:RTR) In A Good Position To Invest In Growth?
May 08
We're Keeping An Eye On Rumble Resources' (ASX:RTR) Cash Burn Rate
Jan 12Recent updates
Is Rumble Resources (ASX:RTR) In A Good Position To Invest In Growth?
May 08We're Keeping An Eye On Rumble Resources' (ASX:RTR) Cash Burn Rate
Jan 12Why We Think Shareholders May Be Considering Bumping Up Rumble Resources Limited's (ASX:RTR) CEO Compensation
Jun 11The Return Trends At Rumble Resources (ASX:RTR) Look Promising
May 10How Does Rumble Resources' (ASX:RTR) CEO Pay Compare With Company Performance?
Jan 13Financial Position Analysis
Short Term Liabilities: RTR's short term assets (A$10.9M) exceed its short term liabilities (A$2.5M).
Long Term Liabilities: RTR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RTR is debt free.
Reducing Debt: RTR 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: RTR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RTR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.8% each year