Rua Gold Balance Sheet Health
Financial Health criteria checks 6/6
Rua Gold has a total shareholder equity of CA$3.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.2M and CA$374.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.38m |
| Equity | CA$3.81m |
| Total liabilities | CA$374.17k |
| Total assets | CA$4.19m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RUA's short term assets (CA$4.0M) exceed its short term liabilities (CA$374.2K).
Long Term Liabilities: RUA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RUA is debt free.
Reducing Debt: RUA had no debt 5 years ago.
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: RUA has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RUA is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.