Geopacific Resources Balance Sheet Health
Financial Health criteria checks 4/6
Geopacific Resources has a total shareholder equity of A$69.1M and total debt of A$3.5M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are A$76.7M and A$7.6M respectively.
Key information
5.1%
Debt to equity ratio
AU$3.50m
Debt
Interest coverage ratio | n/a |
Cash | AU$2.15m |
Equity | AU$69.10m |
Total liabilities | AU$7.61m |
Total assets | AU$76.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPAC.F's short term assets (A$4.4M) do not cover its short term liabilities (A$6.5M).
Long Term Liabilities: GPAC.F's short term assets (A$4.4M) exceed its long term liabilities (A$1.2M).
Debt to Equity History and Analysis
Debt Level: GPAC.F's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: GPAC.F's debt to equity ratio has increased from 0% to 5.1% over the 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: GPAC.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GPAC.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.