Rise Gold Balance Sheet Health
Financial Health criteria checks 4/6
Rise Gold has a total shareholder equity of $2.8M and total debt of $1.6M, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are $5.4M and $2.6M respectively.
Key information
58.2%
Debt to equity ratio
US$1.62m
Debt
Interest coverage ratio | n/a |
Cash | US$568.51k |
Equity | US$2.78m |
Total liabilities | US$2.58m |
Total assets | US$5.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RYES's short term assets ($690.2K) do not cover its short term liabilities ($2.6M).
Long Term Liabilities: RYES's short term assets ($690.2K) exceed its long term liabilities ($11.3K).
Debt to Equity History and Analysis
Debt Level: RYES's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: RYES's debt to equity ratio has increased from 8.8% to 58.2% 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: RYES has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RYES is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.