Echelon Resources Limited

CHIA:NZO Stock Report

Market Cap: AU$84.0m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Echelon Resources Balance Sheet Health

Financial Health criteria checks 6/6

Echelon Resources has a total shareholder equity of NZ$191.2M and total debt of NZ$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NZ$280.7M and NZ$89.5M respectively. Echelon Resources's EBIT is NZ$35.6M making its interest coverage ratio -31.3. It has cash and short-term investments of NZ$46.4M.

Key information

0%

Debt to equity ratio

NZ$0

Debt

Interest coverage ratio-31.3x
CashNZ$46.44m
EquityNZ$191.20m
Total liabilitiesNZ$89.53m
Total assetsNZ$280.73m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NZO's short term assets (NZ$72.1M) exceed its short term liabilities (NZ$19.4M).

Long Term Liabilities: NZO's short term assets (NZ$72.1M) exceed its long term liabilities (NZ$70.1M).


Debt to Equity History and Analysis

Debt Level: NZO is debt free.

Reducing Debt: NZO had no debt 5 years ago.

Debt Coverage: NZO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NZO has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies