Rox Resources Balance Sheet Health
Financial Health criteria checks 5/6
Rox Resources has a total shareholder equity of A$42.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$57.1M and A$14.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.81m |
| Equity | AU$42.61m |
| Total liabilities | AU$14.49m |
| Total assets | AU$57.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RXL's short term assets (A$6.9M) exceed its short term liabilities (A$2.9M).
Long Term Liabilities: RXL's short term assets (A$6.9M) do not cover its long term liabilities (A$11.6M).
Debt to Equity History and Analysis
Debt Level: RXL is debt free.
Reducing Debt: RXL 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: RXL has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RXL is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.