RT Minerals Balance Sheet Health
Financial Health criteria checks 4/6
RT Minerals has a total shareholder equity of CA$116.5K and total debt of CA$143.8K, which brings its debt-to-equity ratio to 123.4%. Its total assets and total liabilities are CA$381.7K and CA$265.2K respectively.
Key information
123.4%
Debt to equity ratio
CA$143.78k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$145.73k |
| Equity | CA$116.47k |
| Total liabilities | CA$265.20k |
| Total assets | CA$381.67k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RTMF.F's short term assets (CA$174.7K) do not cover its short term liabilities (CA$225.2K).
Long Term Liabilities: RTMF.F's short term assets (CA$174.7K) 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 0% to 123.4% 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: 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.