RocketDNA Balance Sheet Health
Financial Health criteria checks 5/6
RocketDNA has a total shareholder equity of A$4.6M and total debt of A$307.9K, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are A$6.8M and A$2.2M respectively.
Key information
6.7%
Debt to equity ratio
AU$307.92k
Debt
Interest coverage ratio | n/a |
Cash | AU$2.38m |
Equity | AU$4.63m |
Total liabilities | AU$2.18m |
Total assets | AU$6.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RKT's short term assets (A$3.9M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: RKT's short term assets (A$3.9M) exceed its long term liabilities (A$880.0K).
Debt to Equity History and Analysis
Debt Level: RKT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RKT'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: RKT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RKT has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 42.9% each year.