Rubicon Organics Balance Sheet Health
Financial Health criteria checks 5/6
Rubicon Organics has a total shareholder equity of CA$37.9M and total debt of CA$10.3M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are CA$54.9M and CA$17.0M respectively.
Key information
27.1%
Debt to equity ratio
CA$10.26m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$10.91m |
| Equity | CA$37.89m |
| Total liabilities | CA$17.00m |
| Total assets | CA$54.89m |
Recent financial health updates
Is Rubicon Organics (CVE:ROMJ) A Risky Investment?
Mar 07
Is Rubicon Organics (CVE:ROMJ) A Risky Investment?
Sep 28Is Rubicon Organics (CVE:ROMJ) Using Too Much Debt?
Jun 06Would Rubicon Organics (CVE:ROMJ) Be Better Off With Less Debt?
Jan 09Here's Why Rubicon Organics (CVE:ROMJ) Can Afford Some Debt
Sep 19Recent updates
Calculating The Fair Value Of Rubicon Organics Inc. (CVE:ROMJ)
May 06Is Rubicon Organics (CVE:ROMJ) A Risky Investment?
Mar 07Is Rubicon Organics (CVE:ROMJ) A Risky Investment?
Sep 28Benign Growth For Rubicon Organics Inc. (CVE:ROMJ) Underpins Stock's 26% Plummet
Jun 13Is Rubicon Organics (CVE:ROMJ) Using Too Much Debt?
Jun 06Would Rubicon Organics (CVE:ROMJ) Be Better Off With Less Debt?
Jan 09Here's Why Rubicon Organics (CVE:ROMJ) Can Afford Some Debt
Sep 19What Type Of Shareholders Own The Most Number of Rubicon Organics Inc. (CSE:ROMJ) Shares?
Jul 29
Financial Position Analysis
Short Term Liabilities: ROMJ's short term assets (CA$27.0M) exceed its short term liabilities (CA$16.9M).
Long Term Liabilities: ROMJ's short term assets (CA$27.0M) exceed its long term liabilities (CA$89.0K).
Debt to Equity History and Analysis
Debt Level: ROMJ has more cash than its total debt.
Reducing Debt: ROMJ's debt to equity ratio has increased from 14.9% to 27.1% 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: Whilst unprofitable ROMJ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ROMJ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.6% per year.