Rubicon Water Balance Sheet Health
Financial Health criteria checks 4/6
Rubicon Water has a total shareholder equity of A$54.9M and total debt of A$30.8M, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are A$106.4M and A$51.5M respectively.
Key information
56.2%
Debt to equity ratio
AU$30.83m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.69m |
| Equity | AU$54.86m |
| Total liabilities | AU$51.54m |
| Total assets | AU$106.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RWL's short term assets (A$73.5M) exceed its short term liabilities (A$45.7M).
Long Term Liabilities: RWL's short term assets (A$73.5M) exceed its long term liabilities (A$5.8M).
Debt to Equity History and Analysis
Debt Level: RWL's net debt to equity ratio (53.1%) is considered high.
Reducing Debt: RWL's debt to equity ratio has increased from 18.5% to 56.2% 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: RWL has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RWL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.