ROK Resources Balance Sheet Health
Financial Health criteria checks 3/6
ROK Resources has a total shareholder equity of CA$96.0M and total debt of CA$12.4M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are CA$155.7M and CA$59.8M respectively.
Key information
12.9%
Debt to equity ratio
CA$12.42m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.84m |
| Equity | CA$95.99m |
| Total liabilities | CA$59.75m |
| Total assets | CA$155.74m |
Recent financial health updates
Is ROK Resources (CVE:ROK) A Risky Investment?
Dec 31
Does ROK Resources (CVE:ROK) Have A Healthy Balance Sheet?
Aug 10Is ROK Resources (CVE:ROK) Using Too Much Debt?
Jan 19Is ROK Resources (CVE:ROK) Using Too Much Debt?
Sep 05Recent updates
Is ROK Resources Inc. (CVE:ROK) Worth CA$0.3 Based On Its Intrinsic Value?
Jun 05Potential Upside For ROK Resources Inc. (CVE:ROK) Not Without Risk
Mar 27Is ROK Resources (CVE:ROK) A Risky Investment?
Dec 31Does ROK Resources (CVE:ROK) Have A Healthy Balance Sheet?
Aug 10What You Need To Know About The ROK Resources Inc. (CVE:ROK) Analyst Downgrade Today
May 03Shareholders Shouldn’t Be Too Comfortable With ROK Resources' (CVE:ROK) Strong Earnings
Sep 02Is ROK Resources (CVE:ROK) Using Too Much Debt?
Jan 19Is ROK Resources (CVE:ROK) Using Too Much Debt?
Sep 05ROK Resources (CVE:ROK) Has Compensated Shareholders With A 307% Return On Their Investment
Dec 01
Financial Position Analysis
Short Term Liabilities: ROK's short term assets (CA$13.0M) do not cover its short term liabilities (CA$15.9M).
Long Term Liabilities: ROK's short term assets (CA$13.0M) do not cover its long term liabilities (CA$43.8M).
Debt to Equity History and Analysis
Debt Level: ROK's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: ROK's debt to equity ratio has increased from 0% to 12.9% 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 ROK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ROK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.1% per year.