Rhyolite Resources Balance Sheet Health
Financial Health criteria checks 6/6
Rhyolite Resources has a total shareholder equity of CA$6.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.5M and CA$19.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.47m |
| Equity | CA$6.46m |
| Total liabilities | CA$19.41k |
| Total assets | CA$6.48m |
Financial Position Analysis
Short Term Liabilities: RYE's short term assets (CA$6.5M) exceed its short term liabilities (CA$19.4K).
Long Term Liabilities: RYE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RYE is debt free.
Reducing Debt: RYE has not had any debt for past 5 years.
Debt Coverage: RYE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RYE has no debt, therefore coverage of interest payments is not a concern.