Rua Gold Balance Sheet Health
Financial Health criteria checks 6/6
Rua Gold has a total shareholder equity of CA$5.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.7M and CA$468.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$5.16m |
Equity | CA$5.28m |
Total liabilities | CA$468.89k |
Total assets | CA$5.74m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RUA's short term assets (CA$5.6M) exceed its short term liabilities (CA$468.9K).
Long Term Liabilities: RUA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RUA is debt free.
Reducing Debt: RUA 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: RUA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RUA has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 11.5% each year.