Rockland Resources Balance Sheet Health
Financial Health criteria checks 3/6
Rockland Resources has a total shareholder equity of CA$3.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.7M and CA$186.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$157.64k |
| Equity | CA$3.51m |
| Total liabilities | CA$186.81k |
| Total assets | CA$3.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RKL's short term assets (CA$169.8K) do not cover its short term liabilities (CA$186.8K).
Long Term Liabilities: RKL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RKL is debt free.
Reducing Debt: RKL has not had any debt for 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: RKL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RKL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.8% each year