Pelican Resources Limited
AASX:PELShare Statistics
As of June 30, 2024, Pelican Resources Limited has 1.59B shares outstanding.
| Shares Outstanding | 1.59B |
Financial Position
As of June 30, 2024, Pelican Resources Limited maintains a current ratio of 3.48, meaning it holds 3.5x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 3.48 |
| Quick Ratio | 3.44 |
| Debt / Equity | 0.59 |
| Debt / EBITDA | -0.01 |
Financial Efficiency
Over the twelve months ended June 30, 2024, Pelican Resources Limited posted a negative return on equity (ROE) of -47.24, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -40.72, reflecting losses generated across the asset base.
| Return on Equity (ROE) | -47.24 |
| Return on Assets (ROA) | -40.72 |
Stock Splits
Pelican Resources Limited's most recent stock split took place on October 28, 2020 with a 8:5 split ratio.
| Last Split Date | 10/28/2020 |
| Split Ratio | 8:5 |
Scores
As of June 30, 2024, Pelican Resources Limited has an Altman Z-Score of -3.24, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | -3.24 |