Rua Gold Balance Sheet Health

Financial Health criteria checks 5/6

Rua Gold has a total shareholder equity of CA$8.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.6M and CA$770.6K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$6.97m
EquityCA$8.78m
Total liabilitiesCA$770.61k
Total assetsCA$9.55m

Recent financial health updates

Recent updates

We're Not Very Worried About Rua Gold's (CSE:RUA) Cash Burn Rate

Jun 05
We're Not Very Worried About Rua Gold's (CSE:RUA) Cash Burn Rate

Financial Position Analysis

Short Term Liabilities: RUA's short term assets (CA$9.4M) exceed its short term liabilities (CA$770.6K).

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 more than a year based on its current free cash flow.

Forecast Cash Runway: RUA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.6% each year


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