Resouro Strategic Metals Balance Sheet Health
Financial Health criteria checks 5/6
Resouro Strategic Metals has a total shareholder equity of CA$3.3M and total debt of CA$107.0K, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CA$4.1M and CA$834.1K respectively.
Key information
3.3%
Debt to equity ratio
CA$106.99k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.75m |
Equity | CA$3.29m |
Total liabilities | CA$834.10k |
Total assets | CA$4.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RSM's short term assets (CA$2.5M) exceed its short term liabilities (CA$834.1K).
Long Term Liabilities: RSM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RSM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RSM's debt to equity ratio has reduced 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: RSM has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RSM is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.