Rainy Mountain Royalty Balance Sheet Health
Financial Health criteria checks 2/6
Rainy Mountain Royalty has a total shareholder equity of CA$1.7M and total debt of CA$621.6K, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are CA$2.8M and CA$1.0M respectively.
Key information
36.1%
Debt to equity ratio
CA$621.56k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$148.87k |
| Equity | CA$1.72m |
| Total liabilities | CA$1.04m |
| Total assets | CA$2.76m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EK7C's short term assets (CA$169.1K) do not cover its short term liabilities (CA$1.0M).
Long Term Liabilities: EK7C has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EK7C's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: EK7C's debt to equity ratio has increased from 0.9% to 36.1% 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: EK7C has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EK7C has less than a year of cash runway if free cash flow continues to grow at historical rates of 17% each year.