Queensland Pacific Metals Balance Sheet Health
Financial Health criteria checks 1/6
Queensland Pacific Metals has a total shareholder equity of A$9.3M and total debt of A$16.3M, which brings its debt-to-equity ratio to 174.5%. Its total assets and total liabilities are A$212.6M and A$203.2M respectively.
Key information
174.5%
Debt to equity ratio
AU$16.30m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$14.65m |
| Equity | AU$9.34m |
| Total liabilities | AU$203.24m |
| Total assets | AU$212.58m |
Recent financial health updates
Will Queensland Pacific Metals (ASX:QPM) Spend Its Cash Wisely?
Jul 15
Is Queensland Pacific Metals (ASX:QPM) In A Good Position To Deliver On Growth Plans?
Mar 17Will Queensland Pacific Metals (ASX:QPM) Spend Its Cash Wisely?
Jul 19We're Hopeful That Queensland Pacific Metals (ASX:QPM) Will Use Its Cash Wisely
Apr 04Recent updates
Will Queensland Pacific Metals (ASX:QPM) Spend Its Cash Wisely?
Jul 15Is Queensland Pacific Metals (ASX:QPM) In A Good Position To Deliver On Growth Plans?
Mar 17Will Queensland Pacific Metals (ASX:QPM) Spend Its Cash Wisely?
Jul 19We're Hopeful That Queensland Pacific Metals (ASX:QPM) Will Use Its Cash Wisely
Apr 04Financial Position Analysis
Short Term Liabilities: QPM's short term assets (A$59.0M) do not cover its short term liabilities (A$133.2M).
Long Term Liabilities: QPM's short term assets (A$59.0M) do not cover its long term liabilities (A$70.1M).
Debt to Equity History and Analysis
Debt Level: QPM's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: QPM's debt to equity ratio has increased from 0% to 174.5% over the 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: QPM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QPM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 57.4% each year