React Gaming Group Balance Sheet Health
Financial Health criteria checks 2/6
React Gaming Group has a total shareholder equity of CA$9.8M and total debt of CA$2.6M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are CA$17.6M and CA$7.8M respectively.
Key information
26.5%
Debt to equity ratio
CA$2.59m
Debt
Interest coverage ratio | n/a |
Cash | CA$351.14k |
Equity | CA$9.77m |
Total liabilities | CA$7.81m |
Total assets | CA$17.58m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RGG's short term assets (CA$1.9M) do not cover its short term liabilities (CA$6.6M).
Long Term Liabilities: RGG's short term assets (CA$1.9M) exceed its long term liabilities (CA$1.2M).
Debt to Equity History and Analysis
Debt Level: RGG's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: RGG's debt to equity ratio has increased from 19.1% to 26.5% 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: Insufficient data to determine if RGG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RGG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.