GreenX Metals Balance Sheet Health

Financial Health criteria checks 6/6

GreenX Metals has a total shareholder equity of A$15.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$17.2M and A$2.1M respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$7.20m
Equity	AU$15.15m
Total liabilities	AU$2.06m
Total assets	AU$17.21m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 5PMA's short term assets (A$7.4M) exceed its short term liabilities (A$1.8M).

Long Term Liabilities: 5PMA's short term assets (A$7.4M) exceed its long term liabilities (A$277.4K).

Debt to Equity History and Analysis

Debt Level: 5PMA is debt free.

Reducing Debt: 5PMA 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: 5PMA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 5PMA has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 4.3% each year.

GreenX Metals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Insufficient new directors

Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.014 loss in FY 2023)

GreenX Metals Limited, Annual General Meeting, Nov 22, 2024

First half 2024 earnings released: AU$0.007 loss per share (vs AU$0.005 loss in 1H 2023)

Full year 2023 earnings released: AU$0.014 loss per share (vs AU$0.015 loss in FY 2022)

GreenX Metals Limited, Annual General Meeting, Nov 22, 2023

New major risk - Share price stability

Independent Non-Executive Director recently sold €145k worth of stock

First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.008 loss in 1H 2022)

Less than half of directors are independent

Greenx Metals Ltd Announces the Results from the First Site Visit to the Arctic Rift Copper Project (Arc) in Greenland

Full year 2022 earnings released

GreenX Metals Limited to Report Q2, 2023 Results on Jul 28, 2023

GreenX Metals Limited, Annual General Meeting, Nov 16, 2022

Greenx Metals Limited and Greenfields Exploration Ltd Announce Samples from ARC Confirms Up to 99.8% Pure Native Copper

Greenx Metals Limited Announces Field Program to Commence At ARC Project in Greenland

Less than half of directors are independent

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

Greenx Metals Limited Reports the Findings from Ongoing Geological Analysis at the Arctic Rift Copper Project

Full year 2021 earnings released: AU$0.004 loss per share (vs AU$0.015 loss in FY 2020)

Non-Executive Director Thomas Todd has left the company

First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.011 loss in 1H 2020)

Prairie Mining Limited Announces Executive Changes

Prairie Mining Limited Announces Resignation of Todd Hannigan as an Alternate Director to Tom Todd

New 90-day high: €0.22

Prairie Mining Limited, Annual General Meeting, Jan 20, 2021

Full year earnings released - €0.015 loss per share

Full year earnings released - €0.015 loss per share

New 90-day high - €0.20

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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