Route1 Balance Sheet Health
Financial Health criteria checks 3/6
Route1 has a total shareholder equity of CA$584.3K and total debt of CA$3.3M, which brings its debt-to-equity ratio to 557.6%. Its total assets and total liabilities are CA$9.5M and CA$9.0M respectively.
Key information
557.6%
Debt to equity ratio
CA$3.26m
Debt
Interest coverage ratio | n/a |
Cash | CA$38.35k |
Equity | CA$584.35k |
Total liabilities | CA$8.96m |
Total assets | CA$9.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROIU.F's short term assets (CA$3.1M) do not cover its short term liabilities (CA$8.1M).
Long Term Liabilities: ROIU.F's short term assets (CA$3.1M) exceed its long term liabilities (CA$867.8K).
Debt to Equity History and Analysis
Debt Level: ROIU.F's net debt to equity ratio (551.1%) is considered high.
Reducing Debt: ROIU.F's debt to equity ratio has increased from 0% to 557.6% 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: Whilst unprofitable ROIU.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ROIU.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.6% per year.