Rey Resources Balance Sheet Health
Financial Health criteria checks 0/6
Rey Resources has a total shareholder equity of A$10.7M and total debt of A$19.9M, which brings its debt-to-equity ratio to 185.2%. Its total assets and total liabilities are A$34.1M and A$23.4M respectively.
Key information
185.2%
Debt to equity ratio
AU$19.89m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$268.00k |
| Equity | AU$10.74m |
| Total liabilities | AU$23.36m |
| Total assets | AU$34.10m |
Recent financial health updates
Is Rey Resources (ASX:REY) Using Debt Sensibly?
Jun 23
Is Rey Resources (ASX:REY) A Risky Investment?
Mar 09Is Rey Resources (ASX:REY) Using Debt Sensibly?
Mar 18Is Rey Resources (ASX:REY) Using Too Much Debt?
Sep 29Does Rey Resources (ASX:REY) Have A Healthy Balance Sheet?
Mar 16Rey Resources (ASX:REY) Is Carrying A Fair Bit Of Debt
Oct 07Recent updates
Is Rey Resources (ASX:REY) Using Debt Sensibly?
Jun 23Is Rey Resources (ASX:REY) A Risky Investment?
Mar 09Is Rey Resources (ASX:REY) Using Debt Sensibly?
Mar 18Is Rey Resources (ASX:REY) Using Too Much Debt?
Sep 29Does Rey Resources (ASX:REY) Have A Healthy Balance Sheet?
Mar 16Rey Resources (ASX:REY) Is Carrying A Fair Bit Of Debt
Oct 07Financial Position Analysis
Short Term Liabilities: REY's short term assets (A$274.0K) do not cover its short term liabilities (A$837.0K).
Long Term Liabilities: REY's short term assets (A$274.0K) do not cover its long term liabilities (A$22.5M).
Debt to Equity History and Analysis
Debt Level: REY's net debt to equity ratio (182.7%) is considered high.
Reducing Debt: REY's debt to equity ratio has increased from 20.1% to 185.2% 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 11.8% each year.