Recharge Resources Balance Sheet Health
Financial Health criteria checks 3/6
Recharge Resources has a total shareholder equity of CA$6.5M and total debt of CA$7.2K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CA$7.0M and CA$515.2K respectively.
Key information
0.1%
Debt to equity ratio
CA$7.20k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$144.86k |
| Equity | CA$6.51m |
| Total liabilities | CA$515.23k |
| Total assets | CA$7.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RR's short term assets (CA$163.7K) do not cover its short term liabilities (CA$508.0K).
Long Term Liabilities: RR's short term assets (CA$163.7K) exceed its long term liabilities (CA$7.2K).
Debt to Equity History and Analysis
Debt Level: RR has more cash than its total debt.
Reducing Debt: RR's debt to equity ratio has reduced from 39.3% to 0.1% 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: RR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.7% each year