Rise Gold Balance Sheet Health
Financial Health criteria checks 3/6
Rise Gold has a total shareholder equity of $2.4M and total debt of $1.8M, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are $5.2M and $2.8M respectively.
Key information
74.6%
Debt to equity ratio
US$1.77m
Debt
| Interest coverage ratio | n/a |
| Cash | US$243.67k |
| Equity | US$2.38m |
| Total liabilities | US$2.78m |
| Total assets | US$5.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RYES's short term assets ($894.6K) do not cover its short term liabilities ($2.7M).
Long Term Liabilities: RYES's short term assets ($894.6K) exceed its long term liabilities ($116.1K).
Debt to Equity History and Analysis
Debt Level: RYES's net debt to equity ratio (64.4%) is considered high.
Reducing Debt: RYES's debt to equity ratio has increased from 5.3% to 74.6% 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 1 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 1 months based on free cash flow estimates, but has since raised additional capital.