GreenX Metals Balance Sheet Health
Financial Health criteria checks 6/6
GreenX Metals has a total shareholder equity of A$17.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$19.6M and A$1.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.32m |
| Equity | AU$17.75m |
| Total liabilities | AU$1.85m |
| Total assets | AU$19.59m |
Recent financial health updates
We're Not Very Worried About GreenX Metals' (ASX:GRX) Cash Burn Rate
Mar 20
We're Hopeful That GreenX Metals (ASX:GRX) Will Use Its Cash Wisely
Dec 01GreenX Metals (ASX:GRX) Is In A Good Position To Deliver On Growth Plans
Jan 07We're Not Very Worried About GreenX Metals' (ASX:GRX) Cash Burn Rate
Sep 24We're Not Very Worried About GreenX Metals' (ASX:GRX) Cash Burn Rate
Jun 08We Think GreenX Metals (ASX:GRX) Can Afford To Drive Business Growth
Jan 13Recent updates
We're Not Very Worried About GreenX Metals' (ASX:GRX) Cash Burn Rate
Mar 20We're Hopeful That GreenX Metals (ASX:GRX) Will Use Its Cash Wisely
Dec 01GreenX Metals (ASX:GRX) Is In A Good Position To Deliver On Growth Plans
Jan 07We're Not Very Worried About GreenX Metals' (ASX:GRX) Cash Burn Rate
Sep 24We're Not Very Worried About GreenX Metals' (ASX:GRX) Cash Burn Rate
Jun 08We Think GreenX Metals (ASX:GRX) Can Afford To Drive Business Growth
Jan 13Companies Like Prairie Mining (ASX:PDZ) Can Afford To Invest In Growth
Sep 17We're Not Worried About Prairie Mining's (ASX:PDZ) Cash Burn
May 07Is Prairie Mining (ASX:PDZ) In A Good Position To Invest In Growth?
Jan 05Financial Position Analysis
Short Term Liabilities: GRX's short term assets (A$9.6M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: GRX's short term assets (A$9.6M) exceed its long term liabilities (A$348.8K).
Debt to Equity History and Analysis
Debt Level: GRX is debt free.
Reducing Debt: GRX 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: GRX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GRX has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 12.1% each year.