Ridgeline Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Ridgeline Minerals has a total shareholder equity of $12.2M and total debt of $145.1K, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are $12.4M and $242.3K respectively.
Key information
1.2%
Debt to equity ratio
US$145.13k
Debt
| Interest coverage ratio | n/a |
| Cash | US$519.72k |
| Equity | US$12.19m |
| Total liabilities | US$242.29k |
| Total assets | US$12.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GC0's short term assets ($654.0K) exceed its short term liabilities ($113.9K).
Long Term Liabilities: 0GC0's short term assets ($654.0K) exceed its long term liabilities ($128.4K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 0GC0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.2% each year