Rubellite Energy Balance Sheet Health
Financial Health criteria checks 3/6
Rubellite Energy has a total shareholder equity of CA$234.2M and total debt of CA$91.1M, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are CA$432.8M and CA$198.7M respectively.
Key information
38.9%
Debt to equity ratio
CA$91.14m
Debt
| Interest coverage ratio | 28.5x |
| Cash | n/a |
| Equity | CA$234.18m |
| Total liabilities | CA$198.65m |
| Total assets | CA$432.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6L00's short term assets (CA$39.9M) do not cover its short term liabilities (CA$86.1M).
Long Term Liabilities: 6L00's short term assets (CA$39.9M) do not cover its long term liabilities (CA$112.5M).
Debt to Equity History and Analysis
Debt Level: 6L00's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6L00's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6L00's debt is well covered by operating cash flow (82.7%).
Interest Coverage: 6L00's interest payments on its debt are well covered by EBIT (28.5x coverage).