Rainy Mountain Royalty Balance Sheet Health
Financial Health criteria checks 2/6
Rainy Mountain Royalty has a total shareholder equity of CA$1.8M and total debt of CA$609.2K, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are CA$2.8M and CA$1.0M respectively.
Key information
34.0%
Debt to equity ratio
CA$609.23k
Debt
Interest coverage ratio | n/a |
Cash | CA$192.27k |
Equity | CA$1.79m |
Total liabilities | CA$1.01m |
Total assets | CA$2.80m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EK7C's short term assets (CA$213.8K) 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 (23.3%) is considered satisfactory.
Reducing Debt: EK7C's debt to equity ratio has increased from 0% to 34% 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 27.9% each year.