Rover Critical Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Rover Critical Minerals has a total shareholder equity of CA$4.5M and total debt of CA$128.2K, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are CA$5.2M and CA$709.3K respectively.
Key information
2.8%
Debt to equity ratio
CA$128.25k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$42.66k |
| Equity | CA$4.53m |
| Total liabilities | CA$709.26k |
| Total assets | CA$5.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROVR's short term assets (CA$112.7K) do not cover its short term liabilities (CA$689.9K).
Long Term Liabilities: ROVR's short term assets (CA$112.7K) exceed its long term liabilities (CA$19.4K).
Debt to Equity History and Analysis
Debt Level: ROVR's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: ROVR's debt to equity ratio has increased from 0% to 2.8% over the 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: ROVR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ROVR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.4% each year