Brightstar Resources Financial Health

Financial Health criteria checks 4/6

Brightstar Resources has a total shareholder equity of A$10.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$14.4M and A$4.1M respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$406.13k
Equity	AU$10.22m
Total liabilities	AU$4.14m
Total assets	AU$14.35m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BTR's short term assets (A$511.9K) do not cover its short term liabilities (A$570.5K).

Long Term Liabilities: BTR's short term assets (A$511.9K) do not cover its long term liabilities (A$3.6M).

Debt to Equity History and Analysis

Debt Level: BTR is debt free.

Reducing Debt: BTR currently has no debt however we can't compare to 5 years ago as we have no data for that period.

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

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

Balance Sheet

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Brightstar Resources Financial Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

Insider recently sold AU$116k worth of stock

Brightstar Resources Limited Announces Board Changes

Brightstar Resources Limited (ASX:BTR) completed the acquisition of Kingwest Resources Limited (ASX:KWR).

Brightstar Resources Announces Drilling to Commence At Cork Tree Well

Brightstar Resources Limited Appoints Alex Rovira as a Director, Effective January 12, 2023

Less than half of directors are independent

Brightstar Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.66 million.

Brightstar Resources Limited, Annual General Meeting, Nov 29, 2022

Brightstar Resources Limited to Present the Assay Results from the Productive RC Drilling Program Completed in June At Their CTW Project, Located 36Km from Laverton in Western Australia

Brightstar Resources Limited Announces Assay Results from the Successful RC Drilling Program At Alpha Project

Brightstar Resources Limited, Annual General Meeting, Oct 17, 2022

Brightstar Resources Limited Announces Results of Mineral Resource Estimation Process for the CTW Project Utilising the RC Drilling

Brightstar Resources Limited Announce South Exploration Update

Brightstar Resources Limited Completes Three RC Drilling Programs At Cork Tree Well, Delta 2 and Alpha Projects and A Short Aircore Program At Queen of Hearts South

Insider recently bought AU$401k worth of stock

Brightstar Resources Limited Announces the RC Drilling Program At the Highly Prospective Cork Tree Well Project Is Underway and Proceeding Well

Brightstar Resources Limited Announces the RC Drilling Program At the Highly Prospective Cork Tree Well Project Is Underway and Proceeding Well

Brightstar Resources Limited Announces the Imminent Commencement of an RC Drill Program At the Cork Tree Well Project in the Laverton District of Western Australia

Less than half of directors are independent

Brightstar Resources Limited Announces New RC Drilling Program at Cork Tree Well to Commence

Insider recently bought AU$626k worth of stock

Brightstar Resources Limited Presents the Multi-Element Results from the Cork Tree Well RC Program Completed in Late 2021 and Located in the Laverton Gold Belt of Western Australia

Brightstar Resources Limited Presents Final Tranche of Results from the Cork Tree Well

Brightstar Resources Limited Announces Further Assay Results from the Successful RC Drilling Program at Cork Tree Well

Brightstar Resources Limited Signs Aircore Drilling Contract

Brightstar Resources Limited Announces Completion of RC Drilling Program At Cork Tree Well

Brightstar Resources Limited Launches Cork Tree Well Drill Program on 237Koz Resource

Brightstar Resources Limited Announces the Results of the Sub-Audio Magnetics (SAM) Survey

Brightstar Resources Limited (ASX:BTR) completed the acquisition of acquisition agreement to acquire Exploration License E38/3438 in Western Australia from Mining Equities Pty Ltd.

Brightstar Resources Limited (ASX:BTR) entered into tenement acquisition agreement to acquire Exploration License E38/3438 in Western Australia from Mining Equities Pty Ltd for AUD 0.25 million.

Stone Resources Australia Ltd Appoints William Bill Hobba as Managing Director of Brightstar

Stone Resources Australia Limited Announces Executive Changes

Stone Resources Australia Limited Announces Appointment of Joshua Hunt as Director

Regis Resources Limited (ASX:RRL) completed the acquisition of Ben Hur project from Stone Resources Australia Limited (ASX:SHK).

Regis Resources Limited (ASX:RRL) entered into a sale purchase agreement to acquire Ben Hur project from Stone Resources Australia Limited (ASX:SHK) for AUD 10 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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