Victory Metals Balance Sheet Health

Financial Health criteria checks 6/6

Victory Metals has a total shareholder equity of A$10.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.0M and A$539.1K respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$2.89m
Equity	AU$10.49m
Total liabilities	AU$539.12k
Total assets	AU$11.02m

Recent financial health updates

We're Keeping An Eye On Victory Metals' (ASX:VTM) Cash Burn Rate

Jul 27

Recent updates

We're Keeping An Eye On Victory Metals' (ASX:VTM) Cash Burn Rate

Jul 27

Financial Position Analysis

Short Term Liabilities: VTM's short term assets (A$3.1M) exceed its short term liabilities (A$539.1K).

Long Term Liabilities: VTM has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: VTM is debt free.

Reducing Debt: VTM had no debt 5 years ago.

Debt Coverage: VTM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VTM has no debt, therefore coverage of interest payments is not a concern.

Victory Metals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

We're Keeping An Eye On Victory Metals' (ASX:VTM) Cash Burn Rate

Recent updates

New minor risk - Share price stability

CEO & Executive Director exercised options to buy AU$550k worth of stock.

Victory Metals Limited, Annual General Meeting, Nov 14, 2024

Victory Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.

Victory Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million.

New minor risk - Share price stability

Victory Metals Limited Appoints Ken Collerson as Technical Director

New minor risk - Share price stability

Victory Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.

Victory Metals Limited, Annual General Meeting, Nov 09, 2023

Non-Executive Chairman exercised options to buy AU$252k worth of stock.

New major risk - Share price stability

We're Keeping An Eye On Victory Metals' (ASX:VTM) Cash Burn Rate

CEO & Executive Director exercised options to buy AU$252k worth of stock.

Victory Metals Limited Reports Assay Results from Air Core and Reverse Circulation Drill Programs At North Stanmore REE Project

Victory Metals Limited Reports Latest Assay Results from the AC Drill Program At Its North Stanmore REE Project

Victory Metals Limited Reports the Latest Assay Results from the 118-Hole Ac Drill Program

Victory Goldfields Provides an Update of its Active 10,000M AC Extensional Drill Program at the Company's 100% Owned North Stanmore Project

Victory Goldfields Limited Announces Follow Up Drilling to Commence At the Alkaline Intrusion

Victory Goldfields Reports the Initial Results from the Recently Completed 118 Holes Ac Drill Program At the Company's North Stanmore Ree Project

No independent directors

Victory Goldfields Limited Provides Update on Extensional Drill Program at its North Stanmore REE Project

Victory Goldfields Provides Update of Its Active 9,000M Ac Extensional Drill Program At the Company's 100% Owned North Stanmore Project

Victory Goldfields Limited, Annual General Meeting, Nov 09, 2022

Victory Goldfields Limited Announces the Commencement of the its Aircore Drilling Program at its 100% Owned North Stanmore REE Discovery

Victory Goldfields Announces High Grade Rare Earth Element Results That Confirm Widespread REE Mineralisation at its 100% Owned North Stanmore Project

Victory Goldfields Announces High Grade Rare Earth Element Results That Confirm Widespread REE Mineralisation at its 100% Owned North Stanmore Project

Victory Goldfields Limited Announces Discovery of Alkaline Intrusive Complex at Bullseye Magnetic Anomaly at North Stanmore

Victory Goldfields Limited High Value Critical Rare Earth Element Discovery

Victory Goldfields Limited Reports Success from Aircore (Ac) Drilling Program At the Company's North Stanmore and Mafeking Project and Identifies Significant Gold & Yttrium Anomalies

Victory Goldfields Limited Reports the Successful Completion of the Latest Drilling Program Across Three Prospects

Victory Goldfields Limited Reports the Successful Completion of the Latest Drilling Program Across Three Prospects

Victory Goldfields Limited Announces Commencement of Aircore, RC and Diamond Drilling Programs Testing Gold and IOCG Targets

Less than half of directors are independent

Victory Goldfields Limited Announces High Impact Iron Oxide Copper Gold Exploration Target Which Represents a Unique, Walk-Up Drilling Opportunity at Victory's North Stanmore E20/871 Tenement

Victory Goldfields Limited Announces Board and Management Changes

Victory Goldfields Limited Provides Update on Coodardy 3D Model and Mineral Resource Estimate Work

Victory Goldfields Limited Announces High Grade Gold Intersections At Coodardy Project

Victory Goldfields Announces Anomalous Gold Identified At Emily Wells North

Victory Goldfields Limited Announces RC Drilling Completed for Three Projects

Victory Goldfields Announces Results from Initial Power Auger Drilling Programme

Victory Goldfields Limited has completed an IPO in the amount of AUD 5 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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