Rockex Mining has a total shareholder equity of CA$-3.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$617.0K and CA$3.7M respectively.
Short Term Liabilities: RXM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RXM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RXM is debt free.
Reducing Debt: RXM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RXM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RXM has no debt, therefore coverage of interest payments is not a concern.
