Royal Road Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Royal Road Minerals has a total shareholder equity of CA$10.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$11.2M and CA$220.3K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$10.26m
Equity	CA$10.94m
Total liabilities	CA$220.27k
Total assets	CA$11.16m

Recent financial health updates

Here's Why We're Not At All Concerned With Royal Road Minerals' (CVE:RYR) Cash Burn Situation

Mar 01

Recent updates

We're Not Very Worried About Royal Road Minerals' (CVE:RYR) Cash Burn Rate

Oct 09

We're Not Very Worried About Royal Road Minerals' (CVE:RYR) Cash Burn Rate

Jun 03

Will Royal Road Minerals (CVE:RYR) Spend Its Cash Wisely?

Feb 19

We're Keeping An Eye On Royal Road Minerals' (CVE:RYR) Cash Burn Rate

Nov 06

Here's Why We're Not At All Concerned With Royal Road Minerals' (CVE:RYR) Cash Burn Situation

Mar 01

Financial Position Analysis

Short Term Liabilities: RYR's short term assets (CA$10.5M) exceed its short term liabilities (CA$208.7K).

Long Term Liabilities: RYR's short term assets (CA$10.5M) exceed its long term liabilities (CA$11.6K).

Debt to Equity History and Analysis

Debt Level: RYR is debt free.

Reducing Debt: RYR 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: RYR has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: RYR has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 6.6% each year.

Royal Road Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

We're Not Very Worried About Royal Road Minerals' (CVE:RYR) Cash Burn Rate

We're Not Very Worried About Royal Road Minerals' (CVE:RYR) Cash Burn Rate

Will Royal Road Minerals (CVE:RYR) Spend Its Cash Wisely?

We're Keeping An Eye On Royal Road Minerals' (CVE:RYR) Cash Burn Rate

Here's Why We're Not At All Concerned With Royal Road Minerals' (CVE:RYR) Cash Burn Situation

Recent updates

We're Not Very Worried About Royal Road Minerals' (CVE:RYR) Cash Burn Rate

Royal Road Minerals Limited, Annual General Meeting, Nov 06, 2024

We're Not Very Worried About Royal Road Minerals' (CVE:RYR) Cash Burn Rate

New major risk - Share price stability

Will Royal Road Minerals (CVE:RYR) Spend Its Cash Wisely?

Less than half of directors are independent

Royal Road Minerals Limited Announces Board Changes

New major risk - Revenue and earnings growth

Royal Road Minerals Limited Provides Results of Initial Scout Drilling, Regional Sampling and Mapping from Its Santo Domingo Porphyry Copper and Gold Project in San Juan Province, Argentina

New major risk - Share price stability

We're Keeping An Eye On Royal Road Minerals' (CVE:RYR) Cash Burn Rate

Royal Road Minerals Limited, Annual General Meeting, Nov 10, 2023

Royal Road Minerals Limited Announces Results of Geological Mapping, Soil Geochemical Sampling and Saw-Cut Rock-Chip Channel Sampling from its Santo Domingo Porphyry Copper and Gold Project in San Juan Province, Argentina

New minor risk - Share price stability

Royal Road Minerals Limited Provides Drilling Update from its Caribe Gold Discovery in Northeastern Nicaragua

Less than half of directors are independent

Royal Road Updates Scout RC Drilling from Its Caribe Gold Discovery in Northeastern Nicaragua

Royal Road Minerals Limited Announces Board Changes

Royal Road Minerals Limited Provides an Exploration Update for Its Projects in Colombia

Royal Road Minerals Limited Provides Drilling Update from its Caribe Gold Discovery in Northeastern Nicaragua

Royal Road Minerals Limited Announces Board Changes

Royal Road Minerals Limited, Annual General Meeting, Aug 31, 2022

Royal Road Minerals Limited Provides Exploration Update from its Los Milagros Gold and Copper District in Mining Triangle Region of Nicaragua

No independent directors

Royal Road Provides Exploration Update for Its Caribe Gold Discovery

Royal Road Minerals Limited Announces Results from Further Six Diamond Drill Holes

Royal Road Minerals Limited Announces Further Interim Drilling Results from Its Caribe Gold Discovery in Northeastern Nicaragua

Royal Road Minerals Limited Reports Further Positive Results from Exploratory Drilling At Its Caribe Gold Discovery; Nicaragua

Royal Road Minerals Limited Receives Drilling Permits at Guintär-Niverengo Project and Provides an Update on Its Nearby Margaritas Gold

Hemco Nicaragua S.A. completed the acquisition of 50% stake in Luna Roja project, Nicaragua from Royal Road Minerals Limited (TSXV:RYR) for $20.8 million.

Royal Road Minerals Limited Announce Further Interim Drilling Results and Recommenced Drilling At Its Caribe Gold Discovery in Northeastern Nicaragua

Here's Why We're Not At All Concerned With Royal Road Minerals' (CVE:RYR) Cash Burn Situation

Royal Road Minerals Limited Reports Further Positive Follow-Up Drilling Results from Caribe Gold Discovery

Royal Road Minerals Limited(TSXV:RYR) dropped from S&P/TSX Venture Composite Index

Hemco Nicaragua S.A. entered in a binding letter agreement to acquire 50% stake in Luna Roja project, Nicaragua from Royal Road Minerals Limited (TSXV:RYR).

Independent Director recently bought CA$109k worth of stock

New 90-day low: CA$0.27

Royal Road Minerals Limited Announces Appointment of Marcus Stone to the Board of Directors

New 90-day low: CA$0.28

Royal Road Minerals Limited Announces Executive Changes

Royal Road Minerals Reports Positive Follow- up Drilling Results from Its Caribe Gold Discovery; Nicaragua

Royal Road Minerals Limited Provides an Exploration Update for its Guintär-Niverengo and Margaritas Gold Project in Antioquia, Colombia

Royal Road Minerals Limited Intersects 95 Meters At 1.5 Grams Per Tonne, Including 45 Meters At 3.0 Grams Per Tonne Gold At the Luna Roja Project; Nicaragua

Royal Road Minerals Limited has completed a Follow-on Equity Offering in the amount of CAD 10.0455 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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