NewPeak Metals Balance Sheet Health
Financial Health criteria checks 2/6
NewPeak Metals has a total shareholder equity of A$13.8M and total debt of A$230.0K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are A$15.4M and A$1.5M respectively.
Key information
1.7%
Debt to equity ratio
AU$230.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$54.88k |
| Equity | AU$13.85m |
| Total liabilities | AU$1.52m |
| Total assets | AU$15.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPMDA's short term assets (A$133.3K) do not cover its short term liabilities (A$1.5M).
Long Term Liabilities: NPMDA's short term assets (A$133.3K) exceed its long term liabilities (A$1.9K).
Debt to Equity History and Analysis
Debt Level: NPMDA's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: NPMDA's debt to equity ratio has increased from 0% to 1.7% over the past 5 years.
Debt Coverage: NPMDA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NPMDA's interest payments on its debt are well covered by EBIT.