Rockfire Resources Balance Sheet Health
Financial Health criteria checks 6/6
Rockfire Resources has a total shareholder equity of £6.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £6.2M and £67.7K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£514.73k |
| Equity | UK£6.13m |
| Total liabilities | UK£67.73k |
| Total assets | UK£6.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROCK's short term assets (£614.0K) exceed its short term liabilities (£67.7K).
Long Term Liabilities: ROCK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ROCK is debt free.
Reducing Debt: ROCK 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: ROCK has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ROCK is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.