De Grey Mining Balance Sheet Health

Financial Health criteria checks 6/6

De Grey Mining has a total shareholder equity of A$700.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$716.5M and A$15.7M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$342.73m
EquityAU$700.87m
Total liabilitiesAU$15.67m
Total assetsAU$716.55m

Recent financial health updates

Recent updates

We're Not Worried About De Grey Mining's (ASX:DEG) Cash Burn

Apr 26
We're Not Worried About De Grey Mining's (ASX:DEG) Cash Burn

Should Shareholders Have Second Thoughts About A Pay Rise For De Grey Mining Limited's (ASX:DEG) CEO This Year?

Nov 17
Should Shareholders Have Second Thoughts About A Pay Rise For De Grey Mining Limited's (ASX:DEG) CEO This Year?

We're Hopeful That De Grey Mining (ASX:DEG) Will Use Its Cash Wisely

Jun 15
We're Hopeful That De Grey Mining (ASX:DEG) Will Use Its Cash Wisely

We Think De Grey Mining (ASX:DEG) Can Afford To Drive Business Growth

Feb 28
We Think De Grey Mining (ASX:DEG) Can Afford To Drive Business Growth

We Discuss Why De Grey Mining Limited's (ASX:DEG) CEO May Deserve A Higher Pay Packet

Nov 17
We Discuss Why De Grey Mining Limited's (ASX:DEG) CEO May Deserve A Higher Pay Packet

Is De Grey Mining (ASX:DEG) In A Good Position To Invest In Growth?

Jun 11
Is De Grey Mining (ASX:DEG) In A Good Position To Invest In Growth?

Will De Grey Mining (ASX:DEG) Spend Its Cash Wisely?

Feb 24
Will De Grey Mining (ASX:DEG) Spend Its Cash Wisely?

We're Keeping An Eye On De Grey Mining's (ASX:DEG) Cash Burn Rate

Oct 11
We're Keeping An Eye On De Grey Mining's (ASX:DEG) Cash Burn Rate

Companies Like De Grey Mining (ASX:DEG) Are In A Position To Invest In Growth

Jun 28
Companies Like De Grey Mining (ASX:DEG) Are In A Position To Invest In Growth

We're Not Very Worried About De Grey Mining's (ASX:DEG) Cash Burn Rate

Mar 11
We're Not Very Worried About De Grey Mining's (ASX:DEG) Cash Burn Rate

Do Institutions Own De Grey Mining Limited (ASX:DEG) Shares?

Feb 04
Do Institutions Own De Grey Mining Limited (ASX:DEG) Shares?

De Grey Mining Limited (ASX:DEG) Insiders Have Been Selling

Dec 14
De Grey Mining Limited (ASX:DEG) Insiders Have Been Selling

Financial Position Analysis

Short Term Liabilities: DEG's short term assets (A$349.6M) exceed its short term liabilities (A$12.2M).

Long Term Liabilities: DEG's short term assets (A$349.6M) exceed its long term liabilities (A$3.5M).


Debt to Equity History and Analysis

Debt Level: DEG is debt free.

Reducing Debt: DEG has not had any debt for 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: DEG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: DEG is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.


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