RE Royalties Balance Sheet Health
Financial Health criteria checks 3/6
RE Royalties has a total shareholder equity of CA$16.6M and total debt of CA$36.8M, which brings its debt-to-equity ratio to 222.2%. Its total assets and total liabilities are CA$54.4M and CA$37.8M respectively.
Key information
222.2%
Debt to equity ratio
CA$36.84m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$13.21m |
| Equity | CA$16.58m |
| Total liabilities | CA$37.81m |
| Total assets | CA$54.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RE's short term assets (CA$54.2M) exceed its short term liabilities (CA$710.9K).
Long Term Liabilities: RE's short term assets (CA$54.2M) exceed its long term liabilities (CA$37.1M).
Debt to Equity History and Analysis
Debt Level: RE's net debt to equity ratio (142.5%) is considered high.
Reducing Debt: RE's debt to equity ratio has increased from 2.7% to 222.2% 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: RE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.