Peel Mining Balance Sheet Health
Financial Health criteria checks 6/6
Peel Mining has a total shareholder equity of A$109.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$110.8M and A$1.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.27m |
| Equity | AU$109.16m |
| Total liabilities | AU$1.62m |
| Total assets | AU$110.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PEX's short term assets (A$7.0M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: PEX's short term assets (A$7.0M) exceed its long term liabilities (A$268.1K).
Debt to Equity History and Analysis
Debt Level: PEX is debt free.
Reducing Debt: PEX 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: PEX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PEX has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 2% each year.