Resource Base Balance Sheet Health

Financial Health criteria checks 4/6

Resource Base has a total shareholder equity of A$3.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.2M and A$89.1K respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$585.11k
Equity	AU$3.09m
Total liabilities	AU$89.10k
Total assets	AU$3.18m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RBX's short term assets (A$589.0K) exceed its short term liabilities (A$89.1K).

Long Term Liabilities: RBX has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: RBX is debt free.

Reducing Debt: RBX currently has no debt however we can't compare to 5 years ago as we have no data for that period.

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

Forecast Cash Runway: RBX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.6% each year

Resource Base Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Resource Base Limited Auditor Raises 'Going Concern' Doubt

Recent updates

New minor risk - Financial data availability

Resource Base Limited, Annual General Meeting, Nov 21, 2024

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Resource Base Limited, Annual General Meeting, Nov 23, 2023

Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 1.32 million.

Resource Base Limited Announces A Major Milestone Through Delivery of A Maiden Mineral Resource Estimate At El007647, Part of the Company's Mitre Hill Ree Project

Less than half of directors are independent

Resource Base Ltd Announces Results from Drilling on El007647 During Early October from the Bureau Veritas Assay Laboratory in Adelaide

Less than half of directors are independent

Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 0.7045 million.

Less than half of directors are independent

Resource Base Limited Announces the Appointment of Mr. Daniel Smith as Company Secretary Effective 25 January 2023

Resource Base Limited Announces Results from Drilling on EL007647 During Early-Mid September Have Been Received from the Bureau Veritas Assay Laboratory in Adelaide

Resource Base Ltd Announces the Resignation of Ailsa Osborne as CFO, Effective 25 January 2023

Resource Base Limited Announces Multiple Shallow High Grade Ree Hits from Tenement

Resource Base Limited Announces High Priority Tenement El007647 Results

Resource Base Limited, Annual General Meeting, Nov 11, 2022

High number of new and inexperienced directors

Resource Base Limited Auditor Raises 'Going Concern' Doubt

Resource Base Limited Announces Executive Changes

Resource Base Limited Announces Following Update on Exploration Activities At Its 100% Owned Mitre Hill Project

High number of new and inexperienced directors

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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