Rackla Metals Balance Sheet Health
Financial Health criteria checks 6/6
Rackla Metals has a total shareholder equity of CA$4.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.8M and CA$1.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.51m |
| Equity | CA$4.77m |
| Total liabilities | CA$1.02m |
| Total assets | CA$5.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLH1's short term assets (CA$4.7M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: RLH1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RLH1 is debt free.
Reducing Debt: RLH1 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: RLH1 has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RLH1 is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.