Range Impact Balance Sheet Health
Financial Health criteria checks 2/6
Range Impact has a total shareholder equity of $3.3M and total debt of $6.0M, which brings its debt-to-equity ratio to 182.4%. Its total assets and total liabilities are $10.4M and $7.2M respectively.
Key information
182.4%
Debt to equity ratio
US$5.96m
Debt
| Interest coverage ratio | n/a |
| Cash | US$244.59k |
| Equity | US$3.27m |
| Total liabilities | US$7.17m |
| Total assets | US$10.44m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNGE's short term assets ($5.1M) exceed its short term liabilities ($4.8M).
Long Term Liabilities: RNGE's short term assets ($5.1M) exceed its long term liabilities ($2.4M).
Debt to Equity History and Analysis
Debt Level: RNGE's net debt to equity ratio (174.9%) is considered high.
Reducing Debt: RNGE's debt to equity ratio has increased from 0% to 182.4% 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: RNGE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RNGE has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.3% each year.