Peak Rare Earths Balance Sheet Health
Financial Health criteria checks 5/6
Peak Rare Earths has a total shareholder equity of A$77.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$80.9M and A$3.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$15.29m |
Equity | AU$77.01m |
Total liabilities | AU$3.88m |
Total assets | AU$80.90m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PKRE.F's short term assets (A$16.3M) exceed its short term liabilities (A$3.4M).
Long Term Liabilities: PKRE.F's short term assets (A$16.3M) exceed its long term liabilities (A$465.2K).
Debt to Equity History and Analysis
Debt Level: PKRE.F is debt free.
Reducing Debt: PKRE.F has no debt compared to 5 years ago when its debt to equity ratio was 24.3%.
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: PKRE.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PKRE.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.6% each year