Rocky Mountain Liquor Financial Health
Financial Health criteria checks 3/6
Rocky Mountain Liquor has a total shareholder equity of CA$8.2M and total debt of CA$3.7M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are CA$24.0M and CA$15.8M respectively. Rocky Mountain Liquor's EBIT is CA$1.2M making its interest coverage ratio 1.3. It has cash and short-term investments of CA$91.8K.
Key information
44.6%
Debt to equity ratio
CA$3.66m
Debt
| Interest coverage ratio | 1.3x |
| Cash | CA$91.84k |
| Equity | CA$8.20m |
| Total liabilities | CA$15.76m |
| Total assets | CA$23.96m |
Recent financial health updates
Rocky Mountain Liquor (CVE:RUM) Has A Somewhat Strained Balance Sheet
Mar 15
Is Rocky Mountain Liquor (CVE:RUM) Using Too Much Debt?
Apr 20We Think Rocky Mountain Liquor (CVE:RUM) Is Taking Some Risk With Its Debt
Dec 24Recent updates
Rocky Mountain Liquor (CVE:RUM) Has A Somewhat Strained Balance Sheet
Mar 15Rocky Mountain Liquor (CVE:RUM) Is Doing The Right Things To Multiply Its Share Price
Oct 23Rocky Mountain Liquor (CVE:RUM) Shareholders Will Want The ROCE Trajectory To Continue
May 06Rocky Mountain Liquor (CVE:RUM) Has More To Do To Multiply In Value Going Forward
May 17Is Rocky Mountain Liquor (CVE:RUM) Using Too Much Debt?
Apr 20Is Rocky Mountain Liquor Inc.'s(CVE:RUM) Recent Stock Performance Tethered To Its Strong Fundamentals?
Mar 17We're Watching These Trends At Rocky Mountain Liquor (CVE:RUM)
Feb 10We Think Rocky Mountain Liquor's (CVE:RUM) Statutory Profit Might Understate Its Earnings Potential
Jan 15
We Think Rocky Mountain Liquor (CVE:RUM) Is Taking Some Risk With Its Debt
Dec 24Rocky Mountain Liquor Inc. (CVE:RUM) Held Back By Insufficient Growth Even After Shares Climb 30%
Nov 29Is Rocky Mountain Liquor Inc.'s(CVE:RUM) Recent Stock Performance Tethered To Its Strong Fundamentals?
Nov 27Financial Position Analysis
Short Term Liabilities: RUM's short term assets (CA$5.9M) exceed its short term liabilities (CA$4.8M).
Long Term Liabilities: RUM's short term assets (CA$5.9M) do not cover its long term liabilities (CA$10.9M).
Debt to Equity History and Analysis
Debt Level: RUM's net debt to equity ratio (43.5%) is considered high.
Reducing Debt: RUM's debt to equity ratio has reduced from 2583.8% to 44.6% over the past 5 years.
Debt Coverage: RUM's debt is well covered by operating cash flow (72.2%).
Interest Coverage: RUM's interest payments on its debt are not well covered by EBIT (1.3x coverage).