Zenith Minerals Balance Sheet Health

Financial Health criteria checks 4/6

Zenith Minerals has a total shareholder equity of A$14.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.4M and A$478.5K respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$3.94m
Equity	AU$14.92m
Total liabilities	AU$478.54k
Total assets	AU$15.40m

Recent financial health updates

Is Zenith Minerals (ASX:ZNC) In A Good Position To Deliver On Growth Plans?

Jan 14

Zenith Minerals (ASX:ZNC) Is In A Good Position To Deliver On Growth Plans

May 18

Recent updates

Is Zenith Minerals (ASX:ZNC) In A Good Position To Deliver On Growth Plans?

Jan 14

Zenith Minerals' (ASX:ZNC) Robust Profit May Be Overstating Its True Earnings Potential

Mar 23

Zenith Minerals (ASX:ZNC) Is In A Good Position To Deliver On Growth Plans

May 18

How Much Is Zenith Minerals Limited (ASX:ZNC) CEO Getting Paid?

Jan 25

Financial Position Analysis

Short Term Liabilities: ZNC's short term assets (A$5.7M) exceed its short term liabilities (A$478.5K).

Long Term Liabilities: ZNC has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: ZNC is debt free.

Reducing Debt: ZNC has not had any debt for past 5 years.

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: ZNC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ZNC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.3% each year

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Zenith Minerals Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Is Zenith Minerals (ASX:ZNC) In A Good Position To Deliver On Growth Plans?

Zenith Minerals (ASX:ZNC) Is In A Good Position To Deliver On Growth Plans

Recent updates

First half 2024 earnings released: AU$0.01 loss per share (vs AU$0.011 loss in 1H 2023)

New major risk - Financial position

Zenith Minerals Limited, Annual General Meeting, Apr 02, 2024

Is Zenith Minerals (ASX:ZNC) In A Good Position To Deliver On Growth Plans?

Zenith Minerals Limited Appoints Andrew Grove as A Non-Executive Director

Zenith Minerals Limited Announces Board Changes

Full year 2023 earnings released: AU$0.026 loss per share (vs AU$0.004 profit in FY 2022)

New major risk - Revenue and earnings growth

Zenith Minerals Limited, Annual General Meeting, Nov 17, 2023

QMines Limited agreed to acquire Develin Creek Copper-Zinc Project from Zenith Minerals Limited for AUD 4.5 million.

First half 2023 earnings released: AU$0.011 loss per share (vs AU$0.011 profit in 1H 2022)

Zenith Minerals Limited Announces Further Lithium Pegmatite Drill Results from the Split Rocks Lithium Project in Western Australia

Zenith Minerals Limited Reports a Major New Lithium Geochemical Target At the Split Rocks Lithium Project in Western Australia

Zenith Minerals Limited Announces Resignation of Emma Scotney as Non-Executive Director

Zenith Minerals Announces Significant Gold Assay Results Have Been Returned from the Dulcie Far North Prospect, Within the Company's Split Rocks Gold Project

Zenith Minerals Reports High-Grade Lithium Drill Results at Waratah Well

Zenith Minerals Limited Announces Drilling Update - Dulcie Gold Trend

Less than half of directors are independent

Zenith Minerals Limited Announces Management Changes

Independent Non-Executive Director exercised options to buy AU$400k worth of stock.

Zenith Minerals Limited Returns Significant Lithium Diamond Drilling Intersects Thick-High Grade Lithium Pegmatites At Split Rocks

Zenith Minerals Limited Commences Commences Lithium Drilling at the Waratah Well Project in Western Australia

Zenith Minerals Limited Provides Update on the Waratah Well Ni-Cu-PGE drill target in Western Australia

Zenith Minerals Limited Drilling Commenced at Mt Ida North Lithium Project in WA

Zenith Minerals Limited, Annual General Meeting, Nov 28, 2022

Full year 2022 earnings released: EPS: AU$0.004 (vs AU$0.003 in FY 2021)

Zenith Minerals Limited Announces That Follow-Up Rc Drilling Intersects Widespread Thick, Lithium Pegmatites At the Split Rocks Project in Western Australia

Zenith Minerals Limited Defines New Ni-Cu-PGE Drill Target

Zenith Minerals Limited Defines New Ni-Cu-PGE Drill Target

Zenith Minerals Limited Announces Three New Significant Developments Arising from Drilling Activity At the Earaheedy Joint Venture Zinc Project Located in Western Australia

Zenith Minerals Announces Resource Update

Zenith Minerals Announces Resource Update

Zenith Minerals Limited Announces Positive Lithium Metallurgy

Zenith Minerals Limited Recommences Drilling At Spilt Rocks Lithium Project

Zenith Minerals Limited Provides a Update on Drilling Activities at Earaheedy Zinc Joint Venture Project in Western Australia

Zenith Minerals Limited Announces New Lithium Pegmatites Intersected At Waratah Well Project

Executive Chairman recently bought AU$52k worth of stock

Alien Metals Ltd (AIM:UFO) completed the acquisition of Vivash Gorge Iron Ore Project in Pilbara from Zenith Minerals Limited (ASX:ZNC) for AUD 0.36 million

Zenith Minerals Limited Reports New High-Grade Drill Results from One of its Existing Gold Projects, Split Rocks, Located in Western Australia

Zenith Minerals Limited Receives Further High-Grade Copper-Zinc Drill Results from the Company's 100% Owned, Develin Creek Project Located in Queensland

Executive Chairman recently bought AU$63k worth of stock

Alien Metals Ltd (AIM:UFO) entered into a binding agreement to acquire Vivash Gorge Iron Ore Project in Pilbara from Zenith Minerals Limited (ASX:ZNC) for AUD 0.36 million.

Zenith Minerals Limited Provides an Update on Drilling Activities At the Company's Earaheedy Zinc Joint Venture Project Located in Western Australia

Zenith Minerals Limited Announces Commencement of Drilling At Waratah Well Lithium Project

Zenith Minerals Limited Appoints David Ledger as Executive Chairman

Insufficient new directors

Zenith Minerals Limited Announces Yalgoo Potash Brine Project in Western Australia Secured Through Three 100% Owned Exploration Licences

Zenith Minerals Limited Announces Update on Second New QLD Gold Project

Zenith Minerals Limited Announces Significant Lithium Drill Results at Split Rocks Project

Zenith Minerals Limited Announces Update on New QLD Gold Project

Zenith Minerals' (ASX:ZNC) Robust Profit May Be Overstating Its True Earnings Potential

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

Zenith Minerals Limited Announces Further High-Grade and Continuous Mineralisation at Chinook

Zenith Minerals Limited Announces Drilling Commenced on High-Grade Kalitan Feeder Zone

Zenith Minerals Limited Announces Best Drill Intersection to Date at Earaheedy Zinc Project

Zenith Minerals Limited Announces Drilling Commences Waratah Well Lithium Tantalum Target

Zenith Minerals Limited announced that it has received AUD 6 million in funding from EV Metals Group PLC

Zenith Minerals Limited Reports Drill Results from One of its Existing Gold Projects, Split Rocks, Located in Western Australia

Zenith Minerals Limited announced that it expects to receive AUD 6 million in funding from EV Metals Group plc

Zenith Minerals Limited Announces High-Grade Copper Confirmed At Scorpion Deposit - Develin Creek Project

Zenith Minerals Limited Announces Feeder Fault Mineralisation and Mineralised Zone At Navajoh New Feeder Fault Zone

Rumble Resources Limited Updates on Ongoing Scoping Drill Program At the Earaheedy Project

Independent Non-Executive Director Graham Riley has left the company

Insufficient new directors

Zenith Minerals Limited Announces Massive Sulphides Been Intersected at the Snook Prospect

CEO & Executive Director exercised options to buy AU$92k worth of stock.

Full year 2021 earnings released: EPS AU$0.003 (vs AU$0.002 loss in FY 2020)

Zenith Minerals Limited Announces Earaheedy Zinc Joint Venture Expansion of Drill Program

Zenith Minerals Limited Visions to Build A Gold and Base Metals Business with A Team of Proven Project Finders

Zenith Minerals Limited Announces Additional High-Grade Gold Zones Defined at Split Rocks

Zenith Minerals Limited Announces Strong Massive Copper Sulphide Results in Twin Hole Program at Develin Creek Project

Zenith Minerals Limited Announces Outstanding High-Grade Gold Results from Split Rocks Project

Bindi Metals Limited signed a binding heads of agreement to acquire non-core Flanagans copper-gold tenement in Queensland from Zenith Minerals Limited (ASX:ZNC) for AUD 0.45 million.