Resolute Resources Balance Sheet Health
Financial Health criteria checks 4/6
Resolute Resources has a total shareholder equity of CA$75.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$997.5K and CA$922.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$260.20k |
| Equity | CA$75.00k |
| Total liabilities | CA$922.53k |
| Total assets | CA$997.53k |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RRL.H's short term assets (CA$997.5K) exceed its short term liabilities (CA$922.5K).
Long Term Liabilities: RRL.H has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RRL.H is debt free.
Reducing Debt: RRL.H had no debt 5 years ago.
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: RRL.H has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RRL.H has less than a year of cash runway if free cash flow continues to reduce at historical rates of 75% each year