IperionX Balance Sheet Health
Financial Health criteria checks 3/6
IperionX has a total shareholder equity of $30.2M and total debt of $27.9K, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are $34.0M and $3.9M respectively.
Key information
0.09%
Debt to equity ratio
US$27.93k
Debt
Interest coverage ratio | n/a |
Cash | US$17.33m |
Equity | US$30.18m |
Total liabilities | US$3.87m |
Total assets | US$34.04m |
Financial Position Analysis
Short Term Liabilities: IPX's short term assets ($23.6M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: IPX's short term assets ($23.6M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: IPX has more cash than its total debt.
Reducing Debt: IPX's debt to equity ratio has increased from 0% to 0.09% 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: IPX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IPX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 56.5% each year