RUA Life Sciences Balance Sheet Health
Financial Health criteria checks 5/6
RUA Life Sciences has a total shareholder equity of £3.7M and total debt of £179.0K, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are £4.8M and £1.0M respectively.
Key information
4.8%
Debt to equity ratio
UK£179.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£493.00k |
| Equity | UK£3.73m |
| Total liabilities | UK£1.02m |
| Total assets | UK£4.75m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RUA's short term assets (£1.4M) exceed its short term liabilities (£520.0K).
Long Term Liabilities: RUA's short term assets (£1.4M) exceed its long term liabilities (£500.0K).
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 4.8% 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 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RUA is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.