Recharge Resources Balance Sheet Health
Financial Health criteria checks 3/6
Recharge Resources has a total shareholder equity of CA$6.9M and total debt of CA$1.5K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CA$7.2M and CA$315.3K respectively.
Key information
0.02%
Debt to equity ratio
CA$1.51k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$283.95k |
| Equity | CA$6.86m |
| Total liabilities | CA$315.28k |
| Total assets | CA$7.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RECH.F's short term assets (CA$306.1K) do not cover its short term liabilities (CA$313.8K).
Long Term Liabilities: RECH.F's short term assets (CA$306.1K) exceed its long term liabilities (CA$1.5K).
Debt to Equity History and Analysis
Debt Level: RECH.F has more cash than its total debt.
Reducing Debt: RECH.F's debt to equity ratio has reduced from 29.1% to 0.02% 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: RECH.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RECH.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.6% each year