RooLife Group Balance Sheet Health
Financial Health criteria checks 5/6
RooLife Group has a total shareholder equity of A$3.1M and total debt of A$2.2M, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are A$9.7M and A$6.6M respectively.
Key information
71.5%
Debt to equity ratio
AU$2.20m
Debt
Interest coverage ratio | n/a |
Cash | AU$2.49m |
Equity | AU$3.08m |
Total liabilities | AU$6.60m |
Total assets | AU$9.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLG's short term assets (A$7.1M) exceed its short term liabilities (A$6.4M).
Long Term Liabilities: RLG's short term assets (A$7.1M) exceed its long term liabilities (A$228.1K).
Debt to Equity History and Analysis
Debt Level: RLG has more cash than its total debt.
Reducing Debt: RLG's debt to equity ratio has increased from 0% to 71.5% 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 more than a year based on its current free cash flow.
Forecast Cash Runway: RLG has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 6.4% each year.