Rocky Mountain Liquor Balance Sheet Health
Financial Health criteria checks 4/6
Rocky Mountain Liquor has a total shareholder equity of CA$8.8M and total debt of CA$2.4M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are CA$24.1M and CA$15.3M 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$117.2K.
Key information
27.9%
Debt to equity ratio
CA$2.44m
Debt
| Interest coverage ratio | 1.3x |
| Cash | CA$117.23k |
| Equity | CA$8.77m |
| Total liabilities | CA$15.34m |
| Total assets | CA$24.12m |
Recent financial health updates
Rocky Mountain Liquor (CVE:RUM) Has A Somewhat Strained Balance Sheet
Jan 10
Here's Why Rocky Mountain Liquor (CVE:RUM) Has A Meaningful Debt Burden
Sep 09Rocky Mountain Liquor (CVE:RUM) Has A Somewhat Strained Balance Sheet
Mar 15Is 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
Subdued Growth No Barrier To Rocky Mountain Liquor Inc. (CVE:RUM) With Shares Advancing 26%
Mar 16Rocky Mountain Liquor (CVE:RUM) Might Have The Makings Of A Multi-Bagger
Feb 14Rocky Mountain Liquor (CVE:RUM) Has A Somewhat Strained Balance Sheet
Jan 10We Like These Underlying Return On Capital Trends At Rocky Mountain Liquor (CVE:RUM)
Oct 26Here's Why Rocky Mountain Liquor (CVE:RUM) Has A Meaningful Debt Burden
Sep 09We Like These Underlying Return On Capital Trends At Rocky Mountain Liquor (CVE:RUM)
Jul 14Rocky 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$5.5M) exceed its short term liabilities (CA$4.0M).
Long Term Liabilities: RUM's short term assets (CA$5.5M) do not cover its long term liabilities (CA$11.4M).
Debt to Equity History and Analysis
Debt Level: RUM's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: RUM's debt to equity ratio has reduced from 6856.6% to 27.9% over the past 5 years.
Debt Coverage: RUM's debt is well covered by operating cash flow (118.8%).
Interest Coverage: RUM's interest payments on its debt are not well covered by EBIT (1.3x coverage).