Greenvale Energy Balance Sheet Health
Financial Health criteria checks 2/6
Greenvale Energy has a total shareholder equity of A$8.3M and total debt of A$2.6M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are A$11.5M and A$3.2M respectively.
Key information
31.5%
Debt to equity ratio
AU$2.61m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.52m |
| Equity | AU$8.28m |
| Total liabilities | AU$3.21m |
| Total assets | AU$11.49m |
Recent financial health updates
Is Greenvale Energy (ASX:GRV) Using Too Much Debt?
Oct 02
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 10Recent updates
Is Greenvale Energy (ASX:GRV) Using Too Much Debt?
Oct 02Is 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$2.7M) do not cover its short term liabilities (A$3.2M).
Long Term Liabilities: GRV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GRV's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: GRV's debt to equity ratio has increased from 0% to 31.5% 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 37.2% each year