RDE Balance Sheet Health
Financial Health criteria checks 5/6
RDE has a total shareholder equity of $24.3M and total debt of $9.1M, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are $39.8M and $15.4M respectively.
Key information
37.3%
Debt to equity ratio
US$9.07m
Debt
Interest coverage ratio | n/a |
Cash | US$4.10m |
Equity | US$24.32m |
Total liabilities | US$15.44m |
Total assets | US$39.76m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RSTN's short term assets ($10.1M) do not cover its short term liabilities ($12.0M).
Long Term Liabilities: RSTN's short term assets ($10.1M) exceed its long term liabilities ($3.5M).
Debt to Equity History and Analysis
Debt Level: RSTN's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: RSTN's debt to equity ratio has reduced from 72.1% to 37.3% 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: RSTN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RSTN has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 14.9% each year.