Royal Standard Minerals Balance Sheet Health
Financial Health criteria checks 0/6
Royal Standard Minerals has a total shareholder equity of CA$-464.2K and total debt of CA$279.9K, which brings its debt-to-equity ratio to -60.3%. Its total assets and total liabilities are CA$9.2K and CA$473.3K respectively.
Key information
-60.3%
Debt to equity ratio
CA$279.88k
Debt
Interest coverage ratio | n/a |
Cash | CA$9.17k |
Equity | -CA$464.17k |
Total liabilities | CA$473.34k |
Total assets | CA$9.17k |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: RYSM.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RYSM.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RYSM.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RYSM.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RYSM.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RYSM.F's interest payments on its debt are well covered by EBIT.