Right Season Investments Balance Sheet Health
Financial Health criteria checks 4/6
Right Season Investments has a total shareholder equity of CA$4.5M and total debt of CA$183.5K, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CA$5.2M and CA$681.8K respectively.
Key information
4.0%
Debt to equity ratio
CA$183.50k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.87m |
| Equity | CA$4.54m |
| Total liabilities | CA$681.81k |
| Total assets | CA$5.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMAN.F's short term assets (CA$4.9M) exceed its short term liabilities (CA$734.6K).
Long Term Liabilities: RMAN.F's short term assets (CA$4.9M) do not cover its long term liabilities (CA$-52.8K).
Debt to Equity History and Analysis
Debt Level: RMAN.F has more cash than its total debt.
Reducing Debt: RMAN.F's debt to equity ratio has increased from 0.5% to 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: RMAN.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RMAN.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6% each year