Rumbu Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Rumbu Holdings has a total shareholder equity of CA$541.8K and total debt of CA$404.9K, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are CA$1.3M and CA$717.8K respectively. Rumbu Holdings's EBIT is CA$163.9K making its interest coverage ratio -6. It has cash and short-term investments of CA$550.7K.
Key information
74.7%
Debt to equity ratio
CA$404.94k
Debt
Interest coverage ratio | -6x |
Cash | CA$550.70k |
Equity | CA$541.75k |
Total liabilities | CA$717.77k |
Total assets | CA$1.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMB's short term assets (CA$645.1K) exceed its short term liabilities (CA$336.7K).
Long Term Liabilities: RMB's short term assets (CA$645.1K) exceed its long term liabilities (CA$381.1K).
Debt to Equity History and Analysis
Debt Level: RMB has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RMB'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: Whilst unprofitable RMB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RMB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39.1% per year.