Rey Resources Balance Sheet Health
Financial Health criteria checks 0/6
Rey Resources has a total shareholder equity of A$18.9M and total debt of A$18.4M, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are A$40.9M and A$22.0M respectively.
Key information
97.4%
Debt to equity ratio
AU$18.41m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$532.00k |
| Equity | AU$18.90m |
| Total liabilities | AU$21.98m |
| Total assets | AU$40.88m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: REY's short term assets (A$537.0K) do not cover its short term liabilities (A$18.6M).
Long Term Liabilities: REY's short term assets (A$537.0K) do not cover its long term liabilities (A$3.4M).
Debt to Equity History and Analysis
Debt Level: REY's net debt to equity ratio (94.6%) is considered high.
Reducing Debt: REY's debt to equity ratio has increased from 12.5% to 97.4% 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: REY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: REY has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.4% each year.