Resouro Strategic Metals Balance Sheet Health
Financial Health criteria checks 4/6
Resouro Strategic Metals has a total shareholder equity of CA$11.7M and total debt of CA$84.9K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CA$12.4M and CA$662.2K respectively.
Key information
0.7%
Debt to equity ratio
CA$84.92k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.48m |
| Equity | CA$11.74m |
| Total liabilities | CA$662.23k |
| Total assets | CA$12.40m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: RAU's short term assets (CA$6.5M) exceed its short term liabilities (CA$660.1K).
Long Term Liabilities: RAU's short term assets (CA$6.5M) exceed its long term liabilities (CA$2.1K).
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 sufficient cash runway for more than a year 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 42.6% each year