Ridgestone Mining Balance Sheet Health
Financial Health criteria checks 3/6
Ridgestone Mining has a total shareholder equity of CA$997.8K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.4M and CA$441.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$172.59k |
| Equity | CA$997.79k |
| Total liabilities | CA$441.20k |
| Total assets | CA$1.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4U50's short term assets (CA$198.3K) do not cover its short term liabilities (CA$441.2K).
Long Term Liabilities: 4U50 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 4U50 is debt free.
Reducing Debt: 4U50 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: 4U50 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 4U50 has less than a year of cash runway if free cash flow continues to grow at historical rates of 26.3% each year.