Riley Gold Balance Sheet Health
Financial Health criteria checks 6/6
Riley Gold has a total shareholder equity of CA$5.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.2M and CA$779.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.96m |
Equity | CA$5.45m |
Total liabilities | CA$779.74k |
Total assets | CA$6.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLYG's short term assets (CA$2.0M) exceed its short term liabilities (CA$640.2K).
Long Term Liabilities: RLYG's short term assets (CA$2.0M) exceed its long term liabilities (CA$139.6K).
Debt to Equity History and Analysis
Debt Level: RLYG is debt free.
Reducing Debt: RLYG has not had any debt for 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: RLYG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RLYG has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 39% each year.