Eqx.Ax
EQX.AX operates in the mining sector, focusing on the extraction and processing of iron ore and steel products.
Business. EQX.AX operates in the mining sector, focusing on the extraction and processing of iron ore and steel products.
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- Macro
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
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Synthesis
EQX.AX operates in the mining sector, focusing on the extraction and processing of iron ore and steel products.
EQX.AX has a highly liquid capital structure, with cash and equivalents amounting to AUD 9.6 million, representing 100% of its total assets. The company has no long-term debt, and its debt-to-equity ratio is 0.0, indicating a debt-free balance sheet. The current ratio of 50.78 suggests the company has substantial liquidity to cover its short-term obligations.
Profitability metrics for EQX.AX are negative, with a return on equity of -38.03% and a return on assets of -43.98%. These figures indicate that the company is currently generating losses relative to its equity and asset base, which is below the typical performance of the Iron & Steel industry. The operating and net losses of AUD 5.26 million and AUD 4.25 million, respectively, further underscore the company's current unprofitability.
The company's revenue is not disclosed in the provided data, and no segment or geographic breakdown is available. However, the absence of segment data suggests that EQX.AX may be a single-segment operation or that its financial disclosures are limited. This lack of detail makes it difficult to assess the geographic or product concentration of its revenue.
Looking ahead, EQX.AX is expected to face continued financial challenges, as the company has not provided specific growth projections. The absence of a clear growth trajectory, combined with current operating and net losses, suggests that the company may need to implement cost-cutting measures or secure additional capital to improve its financial position.
Risk factors for EQX.AX include its current unprofitability and the potential for future dilution, although the risk of dilution is currently assessed as low. The company has no immediate filing-based liquidity or dilution flags, and its debt-free position reduces credit risk. However, the company's financial performance will need to improve significantly to attract investors and maintain operations.
No recent events, such as filings or transcripts, are provided in the data to indicate any material changes in the company's operations or strategy. The lack of recent disclosures may suggest a period of operational stability or limited public activity.
- EQX.AX has a highly liquid balance sheet with no long-term debt and a current ratio of 50.78.
- The company is currently unprofitable, with a return on equity of -38.03% and a return on assets of -43.98%.
- No segment or geographic revenue breakdown is available, limiting visibility into the company's operational diversification.
- The risk of dilution is currently low, but the company's financial performance will need to improve to attract investors.
- No recent events or disclosures are available to indicate material changes in the company's operations.
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- No immediate filing-based liquidity or dilution flags were detected.
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Physical assets
6 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Badondo Iron Ore Deposit | Other | Iron Ore | Congo (RC) | Operating company |
| Badondo Iron Ore Deposit | Mine | Iron Ore | Congo (RC) | Operating company |
| Mayoko-Moussondji Exp Phase2 | Mine | Iron Ore | Congo (RC) | Operating company |
| Mayoko-Moussondji Exp Phase2 | Other | Iron Ore | Congo (RC) | Operating company |
| Mayoko-Moussondji Iron Ore Deposit | Mine | Iron Ore | Congo (RC) | Operating company |
| Mayoko-Moussondji Iron Ore Deposit | Other | Iron Ore | Congo (RC) | Operating company |
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- EQX.AX Market data — financials · 2026-05-27