Radio Fuels Energy Balance Sheet Health
Financial Health criteria checks 5/6
Radio Fuels Energy has a total shareholder equity of CA$16.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$16.5M and CA$64.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$16.42m |
Equity | CA$16.47m |
Total liabilities | CA$64.63k |
Total assets | CA$16.54m |
Financial Position Analysis
Short Term Liabilities: CAKE's short term assets (CA$16.5M) exceed its short term liabilities (CA$68.6K).
Long Term Liabilities: CAKE's short term assets (CA$16.5M) do not cover its long term liabilities (CA$-4.0K).
Debt to Equity History and Analysis
Debt Level: CAKE is debt free.
Reducing Debt: CAKE currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: CAKE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CAKE has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 14% each year