Greenvale Energy Balance Sheet Health
Financial Health criteria checks 3/6
Greenvale Energy has a total shareholder equity of A$9.5M and total debt of A$3.3M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are A$13.0M and A$3.6M respectively.
Key information
35.0%
Debt to equity ratio
AU$3.31m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.24m |
| Equity | AU$9.46m |
| Total liabilities | AU$3.57m |
| Total assets | AU$13.02m |
Recent financial health updates
Is Greenvale Energy (ASX:GRV) Using Too Much Debt?
Apr 17
Health Check: How Prudently Does Greenvale Energy (ASX:GRV) Use Debt?
Nov 03Is Greenvale Energy (ASX:GRV) In A Good Position To Invest In Growth?
Jul 18Is Greenvale Energy (ASX:GRV) In A Good Position To Invest In Growth?
Mar 28We Think Greenvale Energy (ASX:GRV) Needs To Drive Business Growth Carefully
Dec 10We're Keeping An Eye On Greenvale Mining's (ASX:GRV) Cash Burn Rate
Aug 25Recent updates
Is Greenvale Energy (ASX:GRV) Using Too Much Debt?
Apr 17Health Check: How Prudently Does Greenvale Energy (ASX:GRV) Use Debt?
Nov 03Is Greenvale Energy (ASX:GRV) In A Good Position To Invest In Growth?
Jul 18Is Greenvale Energy (ASX:GRV) In A Good Position To Invest In Growth?
Mar 28We Think Greenvale Energy (ASX:GRV) Needs To Drive Business Growth Carefully
Dec 10We're Keeping An Eye On Greenvale Mining's (ASX:GRV) Cash Burn Rate
Aug 25Will Greenvale Mining (ASX:GRV) Spend Its Cash Wisely?
Apr 04Anthony Leibowitz Is The Non-Executive Chairman of the Board of Greenvale Mining Limited (ASX:GRV) And They Just Picked Up 35% More Shares
Dec 05Financial Position Analysis
Short Term Liabilities: GRV's short term assets (A$3.8M) exceed its short term liabilities (A$3.5M).
Long Term Liabilities: GRV's short term assets (A$3.8M) exceed its long term liabilities (A$29.5K).
Debt to Equity History and Analysis
Debt Level: GRV's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: GRV's debt to equity ratio has increased from 0% to 35% 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: GRV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GRV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45.1% each year