Rugby Resources Balance Sheet Health
Financial Health criteria checks 5/6
Rugby Resources has a total shareholder equity of CA$662.4K and total debt of CA$40.0K, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CA$883.9K and CA$221.5K respectively.
Key information
6.0%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$641.01k |
Equity | CA$662.36k |
Total liabilities | CA$221.53k |
Total assets | CA$883.89k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUG's short term assets (CA$728.3K) exceed its short term liabilities (CA$221.5K).
Long Term Liabilities: RUG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RUG has more cash than its total debt.
Reducing Debt: RUG's debt to equity ratio has increased from 0% to 6% 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: RUG has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RUG is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.