Richmond Vanadium Technology Balance Sheet Health
Financial Health criteria checks 6/6
Richmond Vanadium Technology has a total shareholder equity of A$46.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$48.4M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$15.61m |
| Equity | AU$46.78m |
| Total liabilities | AU$1.65m |
| Total assets | AU$48.43m |
Recent financial health updates
We Think Richmond Vanadium Technology (ASX:RVT) Can Afford To Drive Business Growth
Apr 30
We 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
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$16.0M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: RVT's short term assets (A$16.0M) exceed its long term liabilities (A$42.4K).
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 3 years based on its current free cash flow.
Forecast Cash Runway: RVT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 29.1% each year