Richmond Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Richmond Minerals has a total shareholder equity of CA$2.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.4M and CA$325.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$176.64k |
| Equity | CA$2.11m |
| Total liabilities | CA$325.85k |
| Total assets | CA$2.43m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RMD's short term assets (CA$202.0K) do not cover its short term liabilities (CA$325.9K).
Long Term Liabilities: RMD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RMD is debt free.
Reducing Debt: RMD 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: RMD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RMD has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.3% each year.