Red Hill Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Red Hill Minerals has a total shareholder equity of A$194.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$242.1M and A$47.6M respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$22.45m
Equity	AU$194.50m
Total liabilities	AU$47.61m
Total assets	AU$242.12m

Recent financial health updates

Recent updates

Red Hill Minerals (ASX:RHI) Is In A Strong Position To Grow Its Business

Aug 25

We're Not Worried About Red Hill Minerals' (ASX:RHI) Cash Burn

Apr 18

We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely

Jun 02

We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely

Feb 17

Financial Position Analysis

Short Term Liabilities: RHI's short term assets (A$223.0M) exceed its short term liabilities (A$43.6M).

Long Term Liabilities: RHI's short term assets (A$223.0M) exceed its long term liabilities (A$4.0M).

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.

Red Hill Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Red Hill Minerals (ASX:RHI) Is In A Strong Position To Grow Its Business

We're Not Worried About Red Hill Minerals' (ASX:RHI) Cash Burn

We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely

We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely

Recent updates

Upcoming dividend of AU$0.30 per share

Red Hill Minerals Limited, Annual General Meeting, Nov 18, 2024

Red Hill Minerals (ASX:RHI) Is In A Strong Position To Grow Its Business

Red Hill Minerals Limited Announces Special Dividend, Payable on 19 July 2024

We're Not Worried About Red Hill Minerals' (ASX:RHI) Cash Burn

Insufficient new directors

Red Hill Minerals Limited Announces Special Dividend, Payable on 5 December 2023

Red Hill Minerals Limited, Annual General Meeting, Nov 24, 2023

Red Hill Minerals Limited Announces Resignation of Peter Ruttledge as Joint Company Secretary

Red Hill Minerals Limited Appoints Ira Gibbs as Joint Company Secretary

Inaugural dividend of AU$0.20 per share

Red Hill Iron Limited Announces Fully Franked Special Dividend, Payable on 7 December 2022

Red Hill Iron Limited Announces Base and Precious Metals Exploration Drilling Results

Red Hill Iron Limited, Annual General Meeting, Nov 25, 2022

Full year 2022 earnings released: EPS: AU$2.29 (vs AU$0.028 loss in FY 2021)

Red Hill Iron Limited Appoints Michael Wall as Chief Executive Officer

Inaugural dividend of AU$0.20 per share

Executive Chairman recently bought AU$3.7m worth of stock

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Executive Chairman recently bought AU$84k worth of stock

Executive Chairman recently bought AU$254k worth of stock

Insider recently bought AU$3.0m worth of stock

Executive Chairman recently bought AU$241k worth of stock

Full year 2021 earnings released: AU$0.028 loss per share (vs AU$0.008 loss in FY 2020)

Mineral Resources Limited (ASX:MIN) completed the acquisition of 40% stake in Red Hill Iron Ore Joint Venture from Red Hill Iron Limited (ASX:RHI).

Executive Chairman recently bought AU$1.0m worth of stock

We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely

We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely

First half 2021 earnings released: AU$0.006 loss per share (vs AU$0.005 loss in 1H 2020)

Red Hill Iron Limited Announces Appointment of Nanette Allen as A Non-Executive Director Effective 1 February 2021

Red Hill Iron Limited Receives RHIOJV Activities Update

Full year earnings released - AU$0.0081 loss per share

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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