Riley Gold Balance Sheet Health
Financial Health criteria checks 6/6
Riley Gold has a total shareholder equity of CA$6.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.7M and CA$179.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.28m |
| Equity | CA$6.49m |
| Total liabilities | CA$179.32k |
| Total assets | CA$6.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLYG.F's short term assets (CA$2.4M) exceed its short term liabilities (CA$102.7K).
Long Term Liabilities: RLYG.F's short term assets (CA$2.4M) exceed its long term liabilities (CA$76.6K).
Debt to Equity History and Analysis
Debt Level: RLYG.F is debt free.
Reducing Debt: RLYG.F has not had any debt for 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: RLYG.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RLYG.F has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 25.7% each year.