Resolute Resources Balance Sheet Health
Financial Health criteria checks 4/6
Resolute Resources has a total shareholder equity of CA$6.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.7M and CA$1.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.24m |
| Equity | CA$6.05m |
| Total liabilities | CA$1.62m |
| Total assets | CA$7.67m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RRL's short term assets (CA$1.8M) exceed its short term liabilities (CA$1.5M).
Long Term Liabilities: RRL's short term assets (CA$1.8M) exceed its long term liabilities (CA$97.6K).
Debt to Equity History and Analysis
Debt Level: RRL is debt free.
Reducing Debt: RRL 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 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RRL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 96.7% each year