Rocket Sharing Balance Sheet Health
Financial Health criteria checks 1/6
Rocket Sharing has a total shareholder equity of €1.1M and total debt of €1.7M, which brings its debt-to-equity ratio to 147.7%. Its total assets and total liabilities are €5.5M and €4.3M respectively.
Key information
147.7%
Debt to equity ratio
€1.68m
Debt
| Interest coverage ratio | n/a |
| Cash | €323.99k |
| Equity | €1.14m |
| Total liabilities | €4.31m |
| Total assets | €5.45m |
Financial Position Analysis
Short Term Liabilities: RKT's short term assets (€2.9M) do not cover its short term liabilities (€4.3M).
Long Term Liabilities: RKT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RKT's net debt to equity ratio (119.2%) is considered high.
Reducing Debt: Insufficient data to determine if RKT's debt to equity ratio has reduced 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: Insufficient data to determine if RKT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RKT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.