ROK Resources Balance Sheet Health
Financial Health criteria checks 3/6
ROK Resources has a total shareholder equity of CA$96.0M and total debt of CA$12.4M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are CA$155.7M and CA$59.8M respectively.
Key information
12.9%
Debt to equity ratio
CA$12.42m
Debt
Interest coverage ratio | n/a |
Cash | CA$5.84m |
Equity | CA$95.99m |
Total liabilities | CA$59.75m |
Total assets | CA$155.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROKR.F's short term assets (CA$13.0M) do not cover its short term liabilities (CA$15.9M).
Long Term Liabilities: ROKR.F's short term assets (CA$13.0M) do not cover its long term liabilities (CA$43.8M).
Debt to Equity History and Analysis
Debt Level: ROKR.F's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: ROKR.F's debt to equity ratio has increased from 0% to 12.9% 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: Whilst unprofitable ROKR.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ROKR.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.1% per year.