Elixir Energy Balance Sheet Health

Financial Health criteria checks 5/6

Elixir Energy has a total shareholder equity of A$53.5M and total debt of A$6.2M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are A$62.3M and A$8.8M respectively.

Key information

11.7%

Debt to equity ratio

AU$6.25m

Debt

Interest coverage ratio	n/a
Cash	AU$7.67m
Equity	AU$53.54m
Total liabilities	AU$8.80m
Total assets	AU$62.34m

Recent financial health updates

Recent updates

Here's Why We're Watching Elixir Energy's (ASX:EXR) Cash Burn Situation

Jul 19

We Think Elixir Energy (ASX:EXR) Needs To Drive Business Growth Carefully

Apr 05

Companies Like Elixir Energy (ASX:EXR) Are In A Position To Invest In Growth

Apr 29

We Think Elixir Energy (ASX:EXR) Can Easily Afford To Drive Business Growth

Jan 04

Elixir Energy (ASX:EXR) Is In A Strong Position To Grow Its Business

Sep 16

We Think Elixir Energy (ASX:EXR) Needs To Drive Business Growth Carefully

Jan 28

Financial Position Analysis

Short Term Liabilities: EXR's short term assets (A$16.5M) exceed its short term liabilities (A$8.8M).

Long Term Liabilities: EXR's short term assets (A$16.5M) exceed its long term liabilities (A$31.7K).

Debt to Equity History and Analysis

Debt Level: EXR has more cash than its total debt.

Reducing Debt: EXR's debt to equity ratio has increased from 0% to 11.7% 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: EXR has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: EXR is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.

Elixir Energy Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Here's Why We're Watching Elixir Energy's (ASX:EXR) Cash Burn Situation

We Think Elixir Energy (ASX:EXR) Needs To Drive Business Growth Carefully

Companies Like Elixir Energy (ASX:EXR) Are In A Position To Invest In Growth

We Think Elixir Energy (ASX:EXR) Can Easily Afford To Drive Business Growth

Elixir Energy (ASX:EXR) Is In A Strong Position To Grow Its Business

We Think Elixir Energy (ASX:EXR) Needs To Drive Business Growth Carefully

Recent updates

Elixir Energy Limited, Annual General Meeting, Sep 19, 2024

Here's Why We're Watching Elixir Energy's (ASX:EXR) Cash Burn Situation

New minor risk - Share price stability

We Think Elixir Energy (ASX:EXR) Needs To Drive Business Growth Carefully

New major risk - Financial position

Elixir Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 6.475 million.

Elixir Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 6.5 million.

Insufficient new directors

Elixir Energy Limited, Annual General Meeting, Oct 16, 2023

New major risk - Revenue and earnings growth

Elixir Energy Limited Provides an Update on the Extended Pilot Production Project Underway in its 100% Owned Nomgon IX Coal Bed Methane (CBM) Production Sharing Contract (PSC) in the South Gobi Basin, Mongolia

Elixir Energy Limited Announces CBM Operations Update

Elixir Energy Limited, Annual General Meeting, Nov 18, 2022

Elixir Energy Limited, Annual General Meeting, Nov 18, 2022

Elixir Energy Limited Provides an Update on the Coal Bed Methane (CBM) Pilot Project Underway in Its 100% Owned Nomgon Ix Cbm Production Sharing Contract

Elixir Energy Limited Provides an Update on the Coal Bed Methane Pilot Project

Elixir Energy Limited Provides Update on the Coal Bed Methane Exploration/Appraisal Program Underway Across Its 100% Owned Nomgon IX CBM Production Sharing Contract

Elixir Energy Limited (ASX:EXR) acquired Queensland Gas asset for AUD 3.4 million.

Elixir Energy Limited Provides Update on Its Gobi H2 Green Hydrogen Project in Southern Mongolia

Elixir Energy Limited Provides Update on Coal Bed Methane Exploration/Appraisal Program

Elixir Energy Limited Provides an Update on the Coal Bed Methane (CBM) Exploration/Appraisal Program

Companies Like Elixir Energy (ASX:EXR) Are In A Position To Invest In Growth

Elixir Energy Limited Provides an Update on the Coal Bed Methane (Cbm) Exploration/Appraisal Program Underway Across Its 100% Owned Nomgon Ix Coal Cbm Production Sharing Contract

Elixir Energy Limited Provides an Update on the Coal Bed Methane Exploration/Appraisal Program Underway Across Its 100% Owned Nomgon IX Coal CBM Production Sharing Contract

Elixir Energy Limited Announces Progress on Multiple Fronts for its Mongolian Based Green Hydrogen Project

We Think Elixir Energy (ASX:EXR) Can Easily Afford To Drive Business Growth

Elixir Energy (ASX:EXR) Is In A Strong Position To Grow Its Business

Elixir Energy Limited Provides an Operations Update on the Current Exploration/Appraisal Program Underway Across Its 100% Owned Nomgon IX Coal Bed Methane Production Sharing Contract

Elixir Energy Limited Provides an Operations Update

Elixir Energy Limited Provides Operations Update

Elixir Energy Limited Provides Operations Update on its 100% Owned Nomgon IX Coal Bed Methane Production Sharing Contract

New 90-day high: AU$0.26

New 90-day high: AU$0.22

We Think Elixir Energy (ASX:EXR) Needs To Drive Business Growth Carefully

Independent Non-Executive Chairman exercised options and sold AU$71k worth of stock

Elixir Energy Limited Announces Gassy Coals Intersected in New Sub-Basin

Independent Non-Executive Chairman exercised options and sold AU$55k worth of stock

Independent Non-Executive Chairman exercised options and sold AU$67k worth of stock

Elixir Energy Limited Appoints Anna Sloboda as Non-Executive Director

Elixir Energy Limited Provides Update on Operations in Its 100% Owned Nomgon IX CBM PSC

Elixir Energy Limited announced that it has received AUD 1.6495 million in funding

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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