Legend Mining Limited

ASX:LEG Stock Report

Market Cap: AU$26.2m

Legend Mining Balance Sheet Health

Financial Health criteria checks 6/6

Legend Mining has a total shareholder equity of A$37.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$37.7M and A$711.8K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$10.43m
EquityAU$37.03m
Total liabilitiesAU$711.80k
Total assetsAU$37.74m

Recent financial health updates

Recent updates

Analysis Article Dec 27

Estimating The Fair Value Of Legend Mining Limited (ASX:LEG)

Key Insights The projected fair value for Legend Mining is AU$0.013 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Aug 22

We Think Legend Mining (ASX:LEG) Can Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Apr 09

We're Not Very Worried About Legend Mining's (ASX:LEG) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Nov 04

Companies Like Legend Mining (ASX:LEG) Can Afford To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Jul 21

Here's Why We're Not Too Worried About Legend Mining's (ASX:LEG) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Mar 24

We're Hopeful That Legend Mining (ASX:LEG) Will Use Its Cash Wisely

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Mar 17

Here's Why We're Not At All Concerned With Legend Mining's (ASX:LEG) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Nov 25

We're Interested To See How Legend Mining (ASX:LEG) Uses Its Cash Hoard To Grow

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Aug 11

We Think Legend Mining (ASX:LEG) Can Easily Afford To Drive Business Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Mar 22

Legend Mining (ASX:LEG) Is In A Strong Position To Grow Its Business

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Dec 07

Here's Why We're Not Too Worried About Legend Mining's (ASX:LEG) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Financial Position Analysis

Short Term Liabilities: LEG's short term assets (A$11.4M) exceed its short term liabilities (A$514.2K).

Long Term Liabilities: LEG's short term assets (A$11.4M) exceed its long term liabilities (A$197.6K).


Debt to Equity History and Analysis

Debt Level: LEG is debt free.

Reducing Debt: LEG 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: LEG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: LEG has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 20.4% each year


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/24 12:04
End of Day Share Price 2026/06/24 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Legend Mining Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.