Pan Asia Metals Limited

    Pan Asia Metals Limited

    AASX:PAM
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    AUD
    - -
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    Share Statistics

    As of December 31, 2023, Pan Asia Metals Limited has 167.82M shares outstanding.

    Shares Outstanding167.82M

    Financial Position

    As of December 31, 2023, Pan Asia Metals Limited maintains a current ratio of 0.21, meaning it holds 0.2x the short-term assets needed to cover near-term liabilities.

    Current Ratio0.21
    Quick Ratio0.19
    Debt / Equity0.46
    Debt / EBITDA-0.02

    Financial Efficiency

    Over the twelve months ended December 31, 2023, Pan Asia Metals Limited posted a negative return on equity (ROE) of -31.20, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -28.37, reflecting losses generated across the asset base.

    Return on Equity (ROE)-31.20
    Return on Assets (ROA)-28.37

    Scores

    As of December 31, 2023, Pan Asia Metals Limited has an Altman Z-Score of -1.62, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score-1.62