RT Minerals Balance Sheet Health
Financial Health criteria checks 3/6
RT Minerals has a total shareholder equity of CA$225.9K and total debt of CA$40.0K, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are CA$484.4K and CA$258.5K respectively.
Key information
17.7%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$258.19k |
Equity | CA$225.91k |
Total liabilities | CA$258.50k |
Total assets | CA$484.40k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RTM's short term assets (CA$269.4K) exceed its short term liabilities (CA$218.5K).
Long Term Liabilities: RTM's short term assets (CA$269.4K) exceed its long term liabilities (CA$40.0K).
Debt to Equity History and Analysis
Debt Level: RTM has more cash than its total debt.
Reducing Debt: RTM's debt to equity ratio has increased from 0% to 17.7% 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: RTM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RTM has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.3% each year.