RUA Life Sciences Balance Sheet Health
Financial Health criteria checks 4/6
RUA Life Sciences has a total shareholder equity of £7.2M and total debt of £163.0K, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are £8.2M and £987.0K respectively.
Key information
2.3%
Debt to equity ratio
UK£163.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.93m |
| Equity | UK£7.18m |
| Total liabilities | UK£987.00k |
| Total assets | UK£8.17m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RUA's short term assets (£5.0M) exceed its short term liabilities (£554.0K).
Long Term Liabilities: RUA's short term assets (£5.0M) exceed its long term liabilities (£433.0K).
Debt to Equity History and Analysis
Debt Level: RUA has more cash than its total debt.
Reducing Debt: RUA's debt to equity ratio has increased from 0% to 2.3% 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: RUA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RUA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.