Red Hill Minerals Financial Health
How is Red Hill Minerals's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RHI's short term assets (A$69.2M) exceed its short term liabilities (A$13.4M).
Long Term Liabilities: RHI's short term assets (A$69.2M) exceed its long term liabilities (A$111.7K).
Debt to Equity History and Analysis
Debt Level: RHI is debt free.
Reducing Debt: RHI had no debt 5 years ago.
Debt Coverage: RHI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RHI has no debt, therefore coverage of interest payments is not a concern.