Ramp Metals Balance Sheet Health
Financial Health criteria checks 5/6
Ramp Metals has a total shareholder equity of CA$1.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.9M and CA$365.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$194.78k |
| Equity | CA$1.49m |
| Total liabilities | CA$365.32k |
| Total assets | CA$1.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6DK's short term assets (CA$353.8K) do not cover its short term liabilities (CA$365.3K).
Long Term Liabilities: 6DK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 6DK is debt free.
Reducing Debt: 6DK has not had any debt for 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: 6DK has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 6DK is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.