Rockhaven Resources Balance Sheet Health
Financial Health criteria checks 5/6
Rockhaven Resources has a total shareholder equity of CA$45.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$49.1M and CA$3.8M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.04m |
Equity | CA$45.31m |
Total liabilities | CA$3.82m |
Total assets | CA$49.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8RR's short term assets (CA$1.1M) exceed its short term liabilities (CA$126.5K).
Long Term Liabilities: 8RR's short term assets (CA$1.1M) do not cover its long term liabilities (CA$3.7M).
Debt to Equity History and Analysis
Debt Level: 8RR is debt free.
Reducing Debt: 8RR 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: 8RR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8RR has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 1.7% each year.