Rubellite Energy Financial Health
How is Rubellite Energy's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RBY's short term assets (CA$22.4M) exceed its short term liabilities (CA$18.3M).
Long Term Liabilities: RBY's short term assets (CA$22.4M) exceed its long term liabilities (CA$2.1M).
Debt to Equity History and Analysis
Debt Level: RBY is debt free.
Reducing Debt: RBY has not had any debt for past 5 years.
Debt Coverage: RBY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RBY has no debt, therefore coverage of interest payments is not a concern.