KEFI Gold and Copper Plc
AIM:KEFI Stock Report
KEFI Gold and Copper Balance Sheet Health
Financial Health criteria checks 2/6 KEFI Gold and Copper has a total shareholder equity of £26.5M and total debt of £3.1M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are £38.5M and £12.0M respectively.
Key information
11.6%
Debt to equity ratio
Interest coverage ratio n/a Cash UK£982.00k Equity UK£26.54m Total liabilities UK£12.01m Total assets UK£38.54m
Recent financial health updates
Show all updates
KEFI Gold and Copper Plc Provides Tulu Kapi Operational Update Aug 20 KEFI Gold and Copper Plc Provides Tulu Kapi Update Jul 30
KEFI Gold and Copper plc Appoints Addis Alemayehouas as Independent Non-Executive Director Jul 12
KEFI Announces Tulu Kapi Update Jul 10
KEFI Gold and Copper Plc, Annual General Meeting, Jul 22, 2024 Jun 18
New major risk - Shareholder dilution May 22
KEFI Gold and Copper Plc Provides Operational Update for the Hawiah Copper-Gold Project May 10
Kefi Gold and Copper Reports Tulu Kapi Gold Project Launch Update May 08
New minor risk - Financial data availability Apr 16
KEFI Gold and Copper plc Provides Tulu Kapi Gold Project Launch Update Mar 26 KEFI Gold and Copper Plc has completed a Follow-on Equity Offering in the amount of £4.995916 million.
KEFI Gold and Copper Plc Announces the Discovery of a Third Copper-Gold-Zinc-Silver Deposit in the Broader Hawiah District by Gold & Minerals Ltd Feb 20
KEFI Gold and Copper Plc Provides an Update on Project Launch Preparations Activities At the High-Grade Tulu Kapi Gold Project in Ethiopia Feb 13
KEFIGold and Copper plc Provides Discovery and Update on Jibal Qutman Gold Project Jan 30
KEFI Gold and Copper (LON:KEFI) Is Carrying A Fair Bit Of Debt Nov 22
KEFI Gold and Copper plc Announces Tulu Kapi Update Oct 07
Kefi Gold and Copper plc Announces Ethiopia Operational Update Sep 05
New minor risk - Shareholder dilution Jul 07
Does KEFI Gold and Copper (LON:KEFI) Have A Healthy Balance Sheet? Jun 16
New major risk - Revenue and earnings growth Jun 11
KEFI Gold and Copper Plc, Annual General Meeting, Jun 30, 2023 May 31
KEFI Gold and Copper Plc Announces Hawiah Mineral Resource Estimate Jan 10
Insufficient new directors Nov 16
Insufficient new directors Sep 02
KEFI Gold and Copper Plc Announces the Award of Two Additional Exploration Licenses Through the Company's Gold and Minerals Limited ("G&M") Joint Venture in Saudi Arabia Jul 12
KEFI Gold and Copper Plc Announces Retirement of Norman Ling as Independent Director Jul 01
KEFI Gold and Copper plc Provides Ethiopia Development Update Jun 15
KEFI Gold and Copper Plc, Annual General Meeting, Jun 30, 2022 Jun 07
KEFI Gold and Copper Plc, Annual General Meeting, Jun 30, 2022 Jun 06
KEFI Gold and Copper Plc Provides Ethiopia Development Update May 13 KEFI Gold and Copper Plc Update Gold and Minerals Sla Joint Venture Projects in Saudi Arabia May 10
Price target decreased to UK£0.054 Apr 27
KEFI Gold and Copper plc Provides Operational Update Apr 01
Kefi Gold and Copper plc Announces That Development Activities Recommence At Tulu Kapi Mar 05
KEFI Gold and Copper Plc Announces Rapid Progress Continues in Saudi Arabia Mar 01
KEFI Gold and Copper Plc has completed a Follow-on Equity Offering in the amount of £6.28955 million. Jan 14
KEFI Gold and Copper plc Announces Update to Hawiah Mineral Resource Jan 07
Would KEFI Gold and Copper (LON:KEFI) Be Better Off With Less Debt? Oct 02
KEFI Gold and Copper Plc Provides Update on the Status of the Hawiah Copper-Gold Vms Project in Saudi Arabia Aug 24
KEFI Gold and Copper Provides an Update on the Current 13,000m Drilling Programme at the Company's 34%-Owned and Operated Hawiah Project in Saudi Arabia Jan 31
KEFI Gold and Copper Plc has completed a Follow-on Equity Offering in the amount of £3.254 million. Nov 17
KEFI Gold and Copper plc Confirms Recommencement of Drilling At Hawiah Project Nov 05
Financial Position Analysis
Short Term Liabilities: KEFI's short term assets (£2.1M) do not cover its short term liabilities (£12.0M).
Long Term Liabilities: KEFI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KEFI's net debt to equity ratio (7.9%) is considered satisfactory .
Reducing Debt: KEFI's debt to equity ratio has increased from 8.4% to 11.6% over the past 5 years.
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: KEFI has less than a year of cash runway based on its current free cash flow .
Forecast Cash Runway: KEFI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3% each year
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