De Grey Mining Balance Sheet Health

Financial Health criteria checks 6/6

De Grey Mining has a total shareholder equity of A$1.3B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.3B and A$38.7M respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$867.17m
Equity	AU$1.28b
Total liabilities	AU$38.66m
Total assets	AU$1.31b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: DGML.F's short term assets (A$880.7M) exceed its short term liabilities (A$28.9M).

Long Term Liabilities: DGML.F's short term assets (A$880.7M) exceed its long term liabilities (A$9.8M).

Debt to Equity History and Analysis

Debt Level: DGML.F is debt free.

Reducing Debt: DGML.F 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: DGML.F has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: DGML.F has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 36.4% each year.

De Grey Mining Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

De Grey Mining Ltd Provides Progress Update on Exploration Activities At the Egina Gold Project

De Grey Mining Limited, Annual General Meeting, Nov 19, 2024

Novo Resources Corp. Provides an Update on Follow-Up Drill Programs At the Becher Project Which Is Part of the Egina Earn-In and Joint Venture with De Grey Mining Limited

De Grey Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 600.03125 million.

De Grey Mining Limited, Annual General Meeting, Nov 23, 2023

De Grey Mining Limited Announces the Executive Changes

De Grey Mining Limited Appoints Mr. Peter Holmes as Hemi Project Director

De Grey Mining Limited Reports an Exploration Update from RC Drilling At Withnell and Withnell South Areas

De Grey Mining Limited Appoints Emma Scotney as an Independent Non-Executive Director

De Grey Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.099999 million.

De Grey Mining Limited Provides an Exploration Update on Recent Drilling Activities Within the Greater Hemi Corridor

De Grey Mining Limited Announces Resignation of Samantha Hogg as Non-Executive Director

De Grey Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 130 million.

De Grey Mining Limited, Annual General Meeting, Nov 24, 2022

De Grey Mining Limited Announces the Resignation of Eduard Eshuys from the Board

De Grey Mining Limited Announces Prefeasibility Study Outcomes - Mallina Gold Project

De Grey Mining Limited Reports Latest Resource Extension and Infill Drilling Results from the Diucon Deposit At Hemi

De Grey Appoints Paul Harvey as Non-Executive Director

De Grey Mining Limited Reports That the Mallina Gold Project Mineral Resource Estimate (Mre) Update Has Been Completed by Cube Consulting Pty Ltd

De Grey Mining Limited Reports the Results of Pilot Scale Metallurgical Testwork from Its Brolga Zone At Hemi

De Grey Mining Limited Reports the Results of Pilot Scale Metallurgical Testwork from Its Brolga Zone At Hemi

De Grey Mining Limited Announces Outstanding Results from Diucon Deposit at Hemi

De Grey Mining Limited Reports Near Surface High Grade and Depth Extensions At Falcon

De Grey Mining Limited Announces Board Changes

De Grey Mining Limited Reports Latest Resource Definition Results from the Diucon Deposit At Hemi

De Grey Mining Limited Reports Latest Exploration Results from the Eagle Zone At Hemi

De Grey Mining Limited Reports These Latest Exploration Results from the Diucon Deposit

De Grey Mining Limited Provides the Following Drilling Update At the Hemi Gold Discovery

De Grey Mining Limited Provides the Following Drilling Update At the Hemi Gold Discovery, Located Approximately 60Km South of Port Hedland in Western Australia

De Grey Mining Limited Provides Drilling Updates At Diucon – Eagle

De Grey Mining Limited Announces Extensional Results Show Brolga Plunge Potential

De Grey Mining Limited Announces Rapid Growth at Diucon and Eagle

De Grey Mining Limited Provides Drilling Update at the Hemi Gold Discovery

De Grey Mining Limited Provides Drilling Update At the Hemi Gold Discovery

De Grey Mining Limited Announces Further Metallurgical Testwork Confirms High Gold Recoveries at the Mallina Gold Project

De Grey Mining Limited Provides an Exploration Update for Activities At the Greater Hemi Intrusion Targets, Surrounding the Hemi Gold Discovery, Located Approximately 60Km South of Port Hedland in Western Australia

De Grey Mining Limited Provide Exploration Update

De Grey Mining Limited Appoints Peter Canterbury as Chief Financial Officer

De Grey Mining Limited Provides Drilling Update At the Hemi Gold Discovery

De Grey Mining Limited Updates on Regional Exploration Activities At the Mallina Gold Project, Located Approximately 60Km South of Port Hedland in Western Australia

De Grey Mining Limited Provides Drilling Update At the Hemi Gold Discovery, Port Hedland in Western Australia

De Grey Mining Limited Provides Drilling Update At the Hemi Gold Discovery, Located Approximately 60Km South of Port Hedland in Western Australia

De Grey Mining Limited Provide Drilling Update At the Hemi Gold Discovery, Located Approximately 60Km South of Port Hedland in Western Australia

De Grey Mining Limited(ASX:DEG) dropped from S&P/ASX Emerging Companies Index

De Grey Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 31.2 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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