Galilee Energy Balance Sheet Health
Financial Health criteria checks 6/6
Galilee Energy has a total shareholder equity of A$2.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.9M and A$5.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.90m |
| Equity | AU$2.44m |
| Total liabilities | AU$5.43m |
| Total assets | AU$7.87m |
Recent financial health updates
Will Galilee Energy (ASX:GLL) Spend Its Cash Wisely?
Feb 01
Is Galilee Energy (ASX:GLL) In A Good Position To Deliver On Growth Plans?
Oct 10Here's Why We're Watching Galilee Energy's (ASX:GLL) Cash Burn Situation
Nov 16Is Galilee Energy (ASX:GLL) In A Good Position To Invest In Growth?
Jun 11Is Galilee Energy (ASX:GLL) In A Good Position To Deliver On Growth Plans?
Jan 20
Recent updates
Estimating The Fair Value Of Galilee Energy Limited (ASX:GLL)
Apr 27Will Galilee Energy (ASX:GLL) Spend Its Cash Wisely?
Feb 01Is Galilee Energy (ASX:GLL) In A Good Position To Deliver On Growth Plans?
Oct 10Here's Why We're Watching Galilee Energy's (ASX:GLL) Cash Burn Situation
Nov 16Is Galilee Energy (ASX:GLL) In A Good Position To Invest In Growth?
Jun 11What You Need To Know About Galilee Energy Limited's (ASX:GLL) Investor Composition
Mar 14How Much is Galilee Energy's (ASX:GLL) CEO Getting Paid?
Feb 15Is Galilee Energy (ASX:GLL) In A Good Position To Deliver On Growth Plans?
Jan 20Are Insiders Buying Galilee Energy Limited (ASX:GLL) Stock?
Dec 25What Type Of Shareholders Own The Most Number of Galilee Energy Limited (ASX:GLL) Shares?
Nov 29Stephen Copulos of Galilee Energy Limited (ASX:GLL) Just Spent AU$2.5m On Shares
Sep 04What Is The Ownership Structure Like For Galilee Energy Limited (ASX:GLL)?
Aug 24Financial Position Analysis
Short Term Liabilities: GLL's short term assets (A$6.2M) exceed its short term liabilities (A$537.7K).
Long Term Liabilities: GLL's short term assets (A$6.2M) exceed its long term liabilities (A$4.9M).
Debt to Equity History and Analysis
Debt Level: GLL is debt free.
Reducing Debt: GLL has not had any debt for 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 GLL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GLL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.3% per year.