Rockridge Resources Balance Sheet Health
Financial Health criteria checks 4/6
Rockridge Resources has a total shareholder equity of CA$6.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.4M and CA$25.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$230.55k |
| Equity | CA$6.37m |
| Total liabilities | CA$25.54k |
| Total assets | CA$6.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROCK's short term assets (CA$365.1K) exceed its short term liabilities (CA$25.5K).
Long Term Liabilities: ROCK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ROCK is debt free.
Reducing Debt: ROCK 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: ROCK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ROCK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.1% each year