Rock Tech Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Rock Tech Lithium has a total shareholder equity of CA$33.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$37.1M and CA$4.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.61m |
| Equity | CA$33.14m |
| Total liabilities | CA$3.98m |
| Total assets | CA$37.12m |
Recent financial health updates
Rock Tech Lithium (CVE:RCK) Will Have To Spend Its Cash Wisely
Dec 14
Is Rock Tech Lithium (CVE:RCK) In A Good Position To Invest In Growth?
Jun 07We're Not Very Worried About Rock Tech Lithium's (CVE:RCK) Cash Burn Rate
Oct 06We Think Rock Tech Lithium (CVE:RCK) Can Afford To Drive Business Growth
Jun 02Recent updates
Rock Tech Lithium (CVE:RCK) Will Have To Spend Its Cash Wisely
Dec 14Is Rock Tech Lithium (CVE:RCK) In A Good Position To Invest In Growth?
Jun 07We're Not Very Worried About Rock Tech Lithium's (CVE:RCK) Cash Burn Rate
Oct 06We Think Rock Tech Lithium (CVE:RCK) Can Afford To Drive Business Growth
Jun 02Financial Position Analysis
Short Term Liabilities: RCK's short term assets (CA$5.3M) exceed its short term liabilities (CA$3.5M).
Long Term Liabilities: RCK's short term assets (CA$5.3M) exceed its long term liabilities (CA$445.4K).
Debt to Equity History and Analysis
Debt Level: RCK is debt free.
Reducing Debt: RCK 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: RCK has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RCK is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 07:20 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rock Tech Lithium Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Cantor Fitzgerald Canada Corporation |
| Anita Soni | CIBC Capital Markets |
| Marcel Goldmann | GBC AG |