Cazaly Resources Balance Sheet Health

Financial Health criteria checks 6/6

Cazaly Resources has a total shareholder equity of A$15.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$16.1M and A$391.5K respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$5.03m
Equity	AU$15.74m
Total liabilities	AU$391.52k
Total assets	AU$16.13m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CAZ's short term assets (A$5.1M) exceed its short term liabilities (A$278.2K).

Long Term Liabilities: CAZ's short term assets (A$5.1M) exceed its long term liabilities (A$113.3K).

Debt to Equity History and Analysis

Debt Level: CAZ is debt free.

Reducing Debt: CAZ has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.

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: CAZ has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CAZ has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 13.1% each year.

Cazaly Resources Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Cazaly Resources to Be Deleted from Other OTC

Recent updates

Full year 2024 earnings released: AU$0.002 loss per share (vs AU$0.006 loss in FY 2023)

First half 2024 earnings released: EPS: AU$0 (vs AU$0.003 loss in 1H 2023)

Cazaly Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.089 million.

Cazaly Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.089 million.

Cazaly Resources Limited, Annual General Meeting, Nov 21, 2023

New major risk - Revenue and earnings growth

New minor risk - Financial data availability

New minor risk - Shareholder dilution

First half 2023 earnings released: AU$0.003 loss per share (vs AU$0.002 profit in 1H 2022)

Cazaly Resources Limited Announces Anomalous Copper Results & Multiple EM Targets at the Ashburton Project

Cazaly Resources Limited Announces Anomalous Rare Earth Elements Occur At Ashburton Project

Cazaly Resources Limited Announce That Exploration Has Advanced At Its Ashburton Project, Located in the Pilbara Region of Western Australia

Cazaly Resources Limited Announces Surface Sampling Completed on Large Namibian Lithium Target

Cazaly Resources Limited Announces That All Multi-Element Assay Results

Cazaly Resources Limited Announces Maiden Resource Estimate Bommie Porphyry Copper Deposit 262,000 Tonnes Copper Metal

Cazaly Resources Limited Announces A Maiden Ore Resource for Its 100% Owned Bommie Porphyry Copper Deposit At the Halls Creek Project in the East Kimberley, Northern Western Australia

Cazaly Resources Limited Announces Field Work Commences on Namibian Lithium Target

Cazaly Resources Limited Announces Application for New Exploration Licence Located in Northern Region of Namibia

Cazaly Resources Limited, Annual General Meeting, Nov 18, 2022

Cazaly Resources Limited Announces Exploration Has Advanced at its Ashburton Project, Located in the Pilbara Region of Western Australia

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.002 profit in FY 2021)

Cazaly Resources Limited Announces Diamond Drilling Completed at the Vanrock Project (QLD)

Cazaly Resources Limited Commences Diamond Drilling at Vanrock Project in Central North Queensland

Cazaly Resources Limited Announces Exploration Update

Cazaly Resources Limited Provides Exploration Update on Ashburton & Yabby Projects in the Pilbara Region of Western Australia

Cazaly Resources Limited Provides Exploration Update on Halls Creek Project

Cazaly Resources to Be Deleted from Other OTC

Cazaly Resources Limited Provides Exploration Update At the Yabby Gold Project

Cazaly Resources Limited Announces Exploration Update Halls Creek Project

Less than half of directors are independent

Cazaly Resources Limited Provides Yabby Project Update

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

Cazaly Resources Limited Notifies Nathan McMahon Vacated His Position as A Director

Executive Director recently bought AU$89k worth of stock

Full year 2021 earnings released: EPS AU$0.002 (vs AU$0.005 in FY 2020)

Cazaly Resources Limited Provides Halls Creek Project Update

Cazaly Resources Limited Announces Drilling and Geophysical Surveys to Commence at Halls Creek Copper Project

Cazaly Resources Limited Announces Fieldwork Commences at Halls Creek Copper Project

First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.006 profit in 1H 2020)

Cazaly Resources Limited (ASX:CAZ) completed the acquisition of remaining 80% stake in Halls Creek Copper Project from 3D Resources Limited (ASX:DDD).

Cazaly Resources Limited (ASX:CAZ) entered into an agreement to acquire remaining 80% stake in Halls Creek Copper Project from 3D Resources Limited (ASX:DDD) for AUD 0.5 million.

Woomera Mining Limited Commences Extensive Phase 2 Drilling Program

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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