Recharge Resources Balance Sheet Health
Financial Health criteria checks 4/6
Recharge Resources has a total shareholder equity of CA$6.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.2M and CA$317.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$588.52k |
Equity | CA$6.91m |
Total liabilities | CA$317.35k |
Total assets | CA$7.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RR's short term assets (CA$1.5M) exceed its short term liabilities (CA$317.3K).
Long Term Liabilities: RR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RR is debt free.
Reducing Debt: RR has no debt compared to 5 years ago when its debt to equity ratio was 399.2%.
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 32% each year