Royalty Management Holding Balance Sheet Health
Financial Health criteria checks 1/6
Royalty Management Holding has a total shareholder equity of $9.6M and total debt of $2.0M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are $13.6M and $4.0M respectively.
Key information
20.3%
Debt to equity ratio
US$1.95m
Debt
Interest coverage ratio | n/a |
Cash | US$195.49k |
Equity | US$9.62m |
Total liabilities | US$3.99m |
Total assets | US$13.61m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMCO's short term assets ($265.8K) do not cover its short term liabilities ($1.3M).
Long Term Liabilities: RMCO's short term assets ($265.8K) do not cover its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: RMCO's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RMCO'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: RMCO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RMCO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 114.3% each year