Peak Rare Earths Balance Sheet Health
Financial Health criteria checks 6/6
Peak Rare Earths has a total shareholder equity of A$70.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$72.6M and A$2.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.63m |
| Equity | AU$70.07m |
| Total liabilities | AU$2.51m |
| Total assets | AU$72.59m |
Recent financial health updates
Is Peak Rare Earths (ASX:PEK) In A Good Position To Deliver On Growth Plans?
Jul 26
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 08Recent updates
Is Peak Rare Earths (ASX:PEK) In A Good Position To Deliver On Growth Plans?
Jul 26Peak 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$11.4M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: PEK's short term assets (A$11.4M) exceed its long term liabilities (A$361.8K).
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 24.6%.
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 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PEK is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.