Ridgeline Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Ridgeline Minerals has a total shareholder equity of $11.1M and total debt of $55.7K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are $11.3M and $159.3K respectively.
Key information
0.5%
Debt to equity ratio
US$55.70k
Debt
Interest coverage ratio | n/a |
Cash | US$328.81k |
Equity | US$11.12m |
Total liabilities | US$159.27k |
Total assets | US$11.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GC0's short term assets ($447.9K) exceed its short term liabilities ($93.5K).
Long Term Liabilities: 0GC0's short term assets ($447.9K) exceed its long term liabilities ($65.7K).
Debt to Equity History and Analysis
Debt Level: 0GC0 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 0GC0's debt to equity ratio has reduced 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: 0GC0 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 0GC0 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.