Geopacific Resources Balance Sheet Health
Financial Health criteria checks 4/6
Geopacific Resources has a total shareholder equity of A$66.3M and total debt of A$5.3M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are A$75.6M and A$9.3M respectively.
Key information
8.0%
Debt to equity ratio
AU$5.30m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.91m |
| Equity | AU$66.33m |
| Total liabilities | AU$9.26m |
| Total assets | AU$75.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPR's short term assets (A$4.7M) do not cover its short term liabilities (A$8.2M).
Long Term Liabilities: GPR's short term assets (A$4.7M) exceed its long term liabilities (A$1.1M).
Debt to Equity History and Analysis
Debt Level: GPR's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: GPR's debt to equity ratio has increased from 0% to 8% over the 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: GPR has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GPR is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.