Riverside Resources Balance Sheet Health

Financial Health criteria checks 6/6

Riverside Resources has a total shareholder equity of CA$12.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$14.2M and CA$1.6M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$5.98m
EquityCA$12.57m
Total liabilitiesCA$1.62m
Total assetsCA$14.19m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 5YY's short term assets (CA$6.5M) exceed its short term liabilities (CA$1.6M).

Long Term Liabilities: 5YY has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 5YY is debt free.

Reducing Debt: 5YY 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: 5YY has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 5YY has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 11.1% each year.


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