RT Minerals Balance Sheet Health
Financial Health criteria checks 4/6
RT Minerals has a total shareholder equity of CA$154.7K and total debt of CA$140.8K, which brings its debt-to-equity ratio to 91%. Its total assets and total liabilities are CA$417.5K and CA$262.8K respectively.
Key information
91.0%
Debt to equity ratio
CA$140.80k
Debt
Interest coverage ratio | n/a |
Cash | CA$186.82k |
Equity | CA$154.69k |
Total liabilities | CA$262.77k |
Total assets | CA$417.47k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RTMF.F's short term assets (CA$218.3K) do not cover its short term liabilities (CA$222.8K).
Long Term Liabilities: RTMF.F's short term assets (CA$218.3K) exceed its long term liabilities (CA$40.0K).
Debt to Equity History and Analysis
Debt Level: RTMF.F has more cash than its total debt.
Reducing Debt: RTMF.F's debt to equity ratio has increased from 3.4% to 91% 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: RTMF.F has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RTMF.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.