RooLife Group Balance Sheet Health
Financial Health criteria checks 4/6
RooLife Group has a total shareholder equity of A$2.4M and total debt of A$1.4M, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are A$5.1M and A$2.7M respectively.
Key information
59.5%
Debt to equity ratio
AU$1.40m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.04m |
| Equity | AU$2.35m |
| Total liabilities | AU$2.74m |
| Total assets | AU$5.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLG's short term assets (A$2.5M) do not cover its short term liabilities (A$2.5M).
Long Term Liabilities: RLG's short term assets (A$2.5M) exceed its long term liabilities (A$224.1K).
Debt to Equity History and Analysis
Debt Level: RLG's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: RLG's debt to equity ratio has increased from 0% to 59.5% 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: RLG has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RLG is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.