Orbit Resources Limited

As of June 30, 2024, Orbit Resources Limited has 213.89M shares outstanding.

As of June 30, 2024, Orbit Resources Limited maintains a current ratio of 6.70, meaning it holds 6.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 0.39, indicating conservative leverage, while an interest coverage ratio of -1,076.40 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2024, Orbit Resources Limited posted a negative return on equity (ROE) of -37.95, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -36.01, reflecting losses generated across the asset base.

These figures cover the twelve months ended June 30, 2024. EBITDA reached -3.68M, while operating income came in at -3.76M.

As of June 30, 2024, Orbit Resources Limited holds 1.58M in cash and equivalents against 33,758.00 in total debt, resulting in a net debt position of -1.58M. Total book value stands at 8.61M, with working capital of 1.46M providing operational flexibility.

These figures cover the twelve months ended June 30, 2024.

Orbit Resources Limited's most recent stock split took place on July 14, 2023.