Rubicon Organics Inc.

TSXV:ROMJ Stock Report

Market Cap: CA$27.1m

Rubicon Organics Balance Sheet Health

Financial Health criteria checks 6/6

Rubicon Organics has a total shareholder equity of CA$36.9M and total debt of CA$10.9M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are CA$55.7M and CA$18.7M respectively.

Key information

29.6%

Debt to equity ratio

CA$10.91m

Debt

Interest coverage ration/a
CashCA$11.11m
EquityCA$36.91m
Total liabilitiesCA$18.75m
Total assetsCA$55.66m

Recent financial health updates

Health Check: How Prudently Does Rubicon Organics (CVE:ROMJ) Use Debt?

Sep 25
Health Check: How Prudently Does Rubicon Organics (CVE:ROMJ) Use Debt?

Is Rubicon Organics (CVE:ROMJ) A Risky Investment?

Mar 07
Is Rubicon Organics (CVE:ROMJ) A Risky Investment?

Is Rubicon Organics (CVE:ROMJ) A Risky Investment?

Sep 28
Is Rubicon Organics (CVE:ROMJ) A Risky Investment?

Is Rubicon Organics (CVE:ROMJ) Using Too Much Debt?

Jun 06
Is Rubicon Organics (CVE:ROMJ) Using Too Much Debt?

Would Rubicon Organics (CVE:ROMJ) Be Better Off With Less Debt?

Jan 09
Would Rubicon Organics (CVE:ROMJ) Be Better Off With Less Debt?

Here's Why Rubicon Organics (CVE:ROMJ) Can Afford Some Debt

Sep 19
Here's Why Rubicon Organics (CVE:ROMJ) Can Afford Some Debt

Recent updates

A Piece Of The Puzzle Missing From Rubicon Organics Inc.'s (CVE:ROMJ) 26% Share Price Climb

Dec 22
A Piece Of The Puzzle Missing From Rubicon Organics Inc.'s (CVE:ROMJ) 26% Share Price Climb

Health Check: How Prudently Does Rubicon Organics (CVE:ROMJ) Use Debt?

Sep 25
Health Check: How Prudently Does Rubicon Organics (CVE:ROMJ) Use Debt?

Rubicon Organics Inc. (CVE:ROMJ) Soars 27% But It's A Story Of Risk Vs Reward

Jun 08
Rubicon Organics Inc. (CVE:ROMJ) Soars 27% But It's A Story Of Risk Vs Reward

Calculating The Fair Value Of Rubicon Organics Inc. (CVE:ROMJ)

May 06
Calculating The Fair Value Of Rubicon Organics Inc. (CVE:ROMJ)

Is Rubicon Organics (CVE:ROMJ) A Risky Investment?

Mar 07
Is Rubicon Organics (CVE:ROMJ) A Risky Investment?

Is Rubicon Organics (CVE:ROMJ) A Risky Investment?

Sep 28
Is Rubicon Organics (CVE:ROMJ) A Risky Investment?

Benign Growth For Rubicon Organics Inc. (CVE:ROMJ) Underpins Stock's 26% Plummet

Jun 13
Benign Growth For Rubicon Organics Inc. (CVE:ROMJ) Underpins Stock's 26% Plummet

Is Rubicon Organics (CVE:ROMJ) Using Too Much Debt?

Jun 06
Is Rubicon Organics (CVE:ROMJ) Using Too Much Debt?

Would Rubicon Organics (CVE:ROMJ) Be Better Off With Less Debt?

Jan 09
Would Rubicon Organics (CVE:ROMJ) Be Better Off With Less Debt?

Here's Why Rubicon Organics (CVE:ROMJ) Can Afford Some Debt

Sep 19
Here's Why Rubicon Organics (CVE:ROMJ) Can Afford Some Debt

What Type Of Shareholders Own The Most Number of Rubicon Organics Inc. (CSE:ROMJ) Shares?

Jul 29
What Type Of Shareholders Own The Most Number of Rubicon Organics Inc. (CSE:ROMJ) Shares?

Financial Position Analysis

Short Term Liabilities: ROMJ's short term assets (CA$29.3M) exceed its short term liabilities (CA$18.7M).

Long Term Liabilities: ROMJ's short term assets (CA$29.3M) exceed its long term liabilities (CA$41.5K).

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 reduced from 58.9% to 29.6% 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: 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 36.8% per year.

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 00:03
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rubicon Organics Inc. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kimberly Thompson-HedlinCanaccord Genuity
John ChuDesjardins Securities Inc.
Colin HealeyHaywood Securities Inc.