Peak Rare Earths Balance Sheet Health
Financial Health criteria checks 5/6
Peak Rare Earths has a total shareholder equity of A$77.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$80.9M and A$3.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$15.29m |
| Equity | AU$77.01m |
| Total liabilities | AU$3.88m |
| Total assets | AU$80.90m |
Recent financial health updates
Peak Rare Earths (ASX:PEK) Is In A Good Position To Deliver On Growth Plans
Feb 02
We're Hopeful That Peak Rare Earths (ASX:PEK) Will Use Its Cash Wisely
Oct 06We're Keeping An Eye On Peak Rare Earths' (ASX:PEK) Cash Burn Rate
Dec 22Companies Like Peak Rare Earths (ASX:PEK) Are In A Position To Invest In Growth
Jul 08Recent updates
Peak Rare Earths (ASX:PEK) Is In A Good Position To Deliver On Growth Plans
Feb 02We're Hopeful That Peak Rare Earths (ASX:PEK) Will Use Its Cash Wisely
Oct 06We're Keeping An Eye On Peak Rare Earths' (ASX:PEK) Cash Burn Rate
Dec 22Companies Like Peak Rare Earths (ASX:PEK) Are In A Position To Invest In Growth
Jul 08Financial Position Analysis
Short Term Liabilities: PEK's short term assets (A$16.3M) exceed its short term liabilities (A$3.4M).
Long Term Liabilities: PEK's short term assets (A$16.3M) exceed its long term liabilities (A$465.2K).
Debt to Equity History and Analysis
Debt Level: PEK is debt free.
Reducing Debt: PEK has no debt compared to 5 years ago when its debt to equity ratio was 24.3%.
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: PEK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PEK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.6% each year