High Peak Royalties Ltd

High Peak Royalties Ltd maintains a debt-free capital structure with zero long-term debt and a debt-to-equity ratio of 0.0. The balance sheet shows total assets of 9,960,680 AUD against total liabilities of 1,210,800 AUD, resulting in total equity of 8,749,880 AUD. Liquidity is constrained, evidenced by a current ratio of 0.44, which indicates that current liabilities exceed current assets. Despite positive operating cash flow of 225,130 AUD, free cash flow is negative at -149,710 AUD, suggesting capital expenditures or other outflows exceed operating generation.

Profitability metrics present a mixed picture due to recent losses. The company reports a net income of -477,120 AUD and an operating income of -397,680 AUD for the latest period. Consequently, the price-to-earnings ratio is listed as 36.39, which is likely a distorted metric given the negative earnings base. Return on equity stands at 0.0563 and return on assets at 0.0495, indicating modest efficiency in utilizing the asset base despite the current loss position. The price-to-book ratio is 2.05, implying the market values the company at twice its book value.

The company maintains a zero debt-to-equity ratio, ranking above the 75th percentile of its peer cohort.

The firm eliminated long-term debt in the latest period, reducing leverage from 1.8 million AUD previously.

High Peak Royalties faces low liquidity, dilution, and credit risks according to current risk flag assessments.

Cash conversion of 1.3 is below the cohort median of 2.02, suggesting less efficient cash generation than peers.

Revenue A$1.5M, +45,5% YoY; Operating income +193,4% YoY.

• ▍Revenue A$1.5M, +45,5% YoY
• ▍Operating income +193,4% YoY
• ▍Net income +164,9% YoY
• ▍Free cash flow +196,4% YoY
• ▍Net margin 32.4%

Revenue A$1.0M, +136,6% YoY; Operating income +51,2% YoY.

• ▍Revenue A$1.0M, +136,6% YoY
• ▍Operating income +51,2% YoY
• ▍Net income +41,5% YoY
• ▍Free cash flow +33,6% YoY
• ▍Net margin -72.5%