Peel Mining Balance Sheet Health
Financial Health criteria checks 6/6
Peel Mining has a total shareholder equity of A$110.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$113.3M and A$2.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.28m |
| Equity | AU$110.78m |
| Total liabilities | AU$2.53m |
| Total assets | AU$113.31m |
Recent financial health updates
Here's Why We're Watching Peel Mining's (ASX:PEX) Cash Burn Situation
Jan 25
Will Peel Mining (ASX:PEX) Spend Its Cash Wisely?
Jul 14We Think Peel Mining (ASX:PEX) Needs To Drive Business Growth Carefully
Mar 14Recent updates
Here's Why We're Watching Peel Mining's (ASX:PEX) Cash Burn Situation
Jan 25Will Peel Mining (ASX:PEX) Spend Its Cash Wisely?
Jul 14We Think Peel Mining (ASX:PEX) Needs To Drive Business Growth Carefully
Mar 14Peel Mining Limited's (ASX:PEX) Share Price Not Quite Adding Up
Oct 18We're Not Counting On Peel Mining (ASX:PEX) To Sustain Its Statutory Profitability
Dec 20Financial Position Analysis
Short Term Liabilities: PEX's short term assets (A$9.4M) exceed its short term liabilities (A$915.0K).
Long Term Liabilities: PEX's short term assets (A$9.4M) exceed its long term liabilities (A$1.6M).
Debt to Equity History and Analysis
Debt Level: PEX is debt free.
Reducing Debt: PEX 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: PEX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PEX has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 5.1% each year.