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$40.0K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CA$5.1M and CA$635.2K respectively.
Key information
0.9%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$200.67k |
Equity | CA$4.47m |
Total liabilities | CA$635.24k |
Total assets | CA$5.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROVR's short term assets (CA$303.2K) do not cover its short term liabilities (CA$595.2K).
Long Term Liabilities: ROVR's short term assets (CA$303.2K) exceed its long term liabilities (CA$40.0K).
Debt to Equity History and Analysis
Debt Level: ROVR has more cash than its total debt.
Reducing Debt: ROVR's debt to equity ratio has increased from 0% to 0.9% 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 19% each year