Rex Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Rex Minerals has a total shareholder equity of A$41.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$43.4M and A$1.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.52m |
| Equity | AU$41.56m |
| Total liabilities | AU$1.88m |
| Total assets | AU$43.44m |
Recent financial health updates
Is Rex Minerals (ASX:RXM) In A Good Position To Deliver On Growth Plans?
Jul 19
Is Rex Minerals (ASX:RXM) In A Good Position To Invest In Growth?
Mar 18We're Hopeful That Rex Minerals (ASX:RXM) Will Use Its Cash Wisely
Dec 02Companies Like Rex Minerals (ASX:RXM) Are In A Position To Invest In Growth
Aug 12Companies Like Rex Minerals (ASX:RXM) Are In A Position To Invest In Growth
Apr 29We Think Rex Minerals (ASX:RXM) Can Afford To Drive Business Growth
Jan 04Recent updates
Is Rex Minerals (ASX:RXM) In A Good Position To Deliver On Growth Plans?
Jul 19Is Rex Minerals (ASX:RXM) In A Good Position To Invest In Growth?
Mar 18We're Hopeful That Rex Minerals (ASX:RXM) Will Use Its Cash Wisely
Dec 02Companies Like Rex Minerals (ASX:RXM) Are In A Position To Invest In Growth
Aug 12Companies Like Rex Minerals (ASX:RXM) Are In A Position To Invest In Growth
Apr 29We Think Rex Minerals (ASX:RXM) Can Afford To Drive Business Growth
Jan 04We Think Rex Minerals (ASX:RXM) Can Afford To Drive Business Growth
Sep 15Companies Like Rex Minerals (ASX:RXM) Are In A Position To Invest In Growth
Mar 01Financial Position Analysis
Short Term Liabilities: RXM's short term assets (A$9.7M) exceed its short term liabilities (A$1.8M).
Long Term Liabilities: RXM's short term assets (A$9.7M) exceed its long term liabilities (A$55.0K).
Debt to Equity History and Analysis
Debt Level: RXM is debt free.
Reducing Debt: RXM had no debt 5 years ago.
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: RXM has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RXM is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.