Robex Resources Balance Sheet Health
Financial Health criteria checks 4/6
Robex Resources has a total shareholder equity of CA$215.2M and total debt of CA$30.6M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CA$390.4M and CA$175.1M respectively.
Key information
14.2%
Debt to equity ratio
CA$30.56m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$113.79m |
| Equity | CA$215.24m |
| Total liabilities | CA$175.12m |
| Total assets | CA$390.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RB4A's short term assets (CA$153.1M) do not cover its short term liabilities (CA$166.2M).
Long Term Liabilities: RB4A's short term assets (CA$153.1M) exceed its long term liabilities (CA$9.0M).
Debt to Equity History and Analysis
Debt Level: RB4A has more cash than its total debt.
Reducing Debt: RB4A's debt to equity ratio has reduced from 55.9% to 14.2% over the past 5 years.
Debt Coverage: RB4A's debt is well covered by operating cash flow (204.1%).
Interest Coverage: Insufficient data to determine if RB4A's interest payments on its debt are well covered by EBIT.