RTG Mining Balance Sheet Health
Financial Health criteria checks 6/6
RTG Mining has a total shareholder equity of $7.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $9.2M and $1.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$4.36m |
Equity | US$7.30m |
Total liabilities | US$1.88m |
Total assets | US$9.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6RM's short term assets ($6.0M) exceed its short term liabilities ($1.2M).
Long Term Liabilities: 6RM's short term assets ($6.0M) exceed its long term liabilities ($723.3K).
Debt to Equity History and Analysis
Debt Level: 6RM is debt free.
Reducing Debt: 6RM had no debt 5 years ago.
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: 6RM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 6RM has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 7.5% each year.