Resource Base Balance Sheet Health

Financial Health criteria checks 6/6

Resource Base has a total shareholder equity of A$3.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.2M and A$89.1K respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$585.11k
Equity	AU$3.09m
Total liabilities	AU$89.10k
Total assets	AU$3.18m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RBX's short term assets (A$589.0K) exceed its short term liabilities (A$89.1K).

Long Term Liabilities: RBX has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: RBX is debt free.

Reducing Debt: RBX currently has no debt however we can't compare to 5 years ago as we have no data for that period.

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: RBX has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: RBX is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.

Resource Base Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Resource Base Limited Auditor Raises 'Going Concern' Doubt

Recent updates

Resource Base Limited has filed a Follow-on Equity Offering in the amount of AUD 0.975 million.

Resource Base Limited has filed a Follow-on Equity Offering in the amount of AUD 0.975 million.

New minor risk - Financial data availability

Resource Base Limited, Annual General Meeting, Nov 21, 2024

Less than half of directors are independent

Resource Base Limited, Annual General Meeting, Nov 23, 2023

Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 1.32 million.

Resource Base Limited Announces A Major Milestone Through Delivery of A Maiden Mineral Resource Estimate At El007647, Part of the Company's Mitre Hill Ree Project

Resource Base Ltd Announces Results from Drilling on El007647 During Early October from the Bureau Veritas Assay Laboratory in Adelaide

Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 0.7045 million.

Resource Base Limited Announces the Appointment of Mr. Daniel Smith as Company Secretary Effective 25 January 2023

Less than half of directors are independent

Resource Base Limited Announces Results from Drilling on EL007647 During Early-Mid September Have Been Received from the Bureau Veritas Assay Laboratory in Adelaide

Resource Base Ltd Announces the Resignation of Ailsa Osborne as CFO, Effective 25 January 2023

Resource Base Limited Announces Multiple Shallow High Grade Ree Hits from Tenement

Resource Base Limited Announces High Priority Tenement El007647 Results

Resource Base Limited, Annual General Meeting, Nov 11, 2022

High number of new and inexperienced directors

Resource Base Limited Auditor Raises 'Going Concern' Doubt

Resource Base Limited Announces Executive Changes

Resource Base Limited Announces Following Update on Exploration Activities At Its 100% Owned Mitre Hill Project

Resource Base Limited Provides Update on Its Initial Step Out Drilling Program

Resource Base Limited Announces Sulphide Mineralisation Intersected At Callisto Prospect

Resource Base Limited Further Expands Footprint at Mitre Hill Ree Project

Resource Base Limited Announces Three Tenements Granted at Mitre Hill REE Project

Resource Base Limited Announces Step Out Drilling Starts Following Significant REE Discovery

Resource Base Limited Announces Results from Its Initial Shallow Air Core Drilling Programme At Its 100% Owned Mitre Hill Rare Earths Project

High number of new and inexperienced directors

Resource Base Limited Announces Air-Core Drilling Commences at Black Range VHMS Project

Resource Base Limited Drilling At Prospective REE Project Mitre Hill

Resource Base Limited Plans to Commence its 100% Owned Mitre Hill Rare Earths Project

Resource Base Limited Announces Air-Core Drilling Commenced on High Priority Targets at it's Black Range Project Situated Within the Well-Known and Highly Prospective Stavely Volcanics Corridor 50Km South from Horsham in Western Victoria

Resource Base Limited Announces Resignation of John Lewis as Non-Executive Director

Resource Base Limited Commences Ground Exploration Works At Its Mitre Hill Rare Earths Project

Resource Base Limited Provides an Update on Progress of Its Initial Air-Core Drilling Program At Its Black Range Project

Resource Base Limited Begins Drilling at Black Range VHMS Project

Full year 2021 earnings released: AU$0.20 loss per share (vs AU$0.091 loss in FY 2020)

Resource Base Limited (ASX:RBX) agreed to acquire Mitre Hill Pty Ltd from Blackbird Capital Pty Ltd, Harbour View Capital Pty Ltd and Brent Palmer.

Coeur Mining, Inc. Provides Exploration Update

Resource Base Limited Announces the Commencement of Exploration Program to At Black Range Project

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies