Financial Ratios Comet Ridge Limited

Stocks

COI

AU000000COI3

Oil & Gas Exploration and Production

Market Closed - Australian S.E. 11:40:14 30/09/2026 am IST			5-day change	1st Jan Change
0.0820 ^AUD	+6.49%		-1.20%	-39.26%

24/09	Comet Ridge Limited Reports Earnings Results for the Full Year Ended June 30, 2026	CI
24/09	Comet Ridge Limited Auditor Raises 'Going Concern' Doubt	CI

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Published financial data: COMET RIDGE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2022 (AUD)	2023 (AUD)	2024 (AUD)	2025 (AUD)	2026 (AUD)
Interest And Invest. Income (Rev)	6T	-	-	-	-
Total Revenues	6T	-	-	-	-
Gross Profit	6T	-	-	-	-
Selling General & Admin Expenses, Total	30.09L	28.19L	33.75L	21.9L	17.92L
Exploration / Drilling Costs, Total	-	-	-	-	-
R&D Expenses	-	-	-	3L	3L
Depreciation & Amortization - (IS)	71T	1L	1L	1L	1L
Impairment of Oil, Gas & Mineral Properties - (IS)	4L	-	9T	-	13T
Other Operating Expenses	4L	5L	8L	6L	14.79L
Other Operating Expenses, Total	38.86L	34.77L	43.36L	31.86L	37.43L
Operating Income	-38.8L	-34.77L	-43.36L	-31.86L	-37.43L
Interest Expense, Total	-11.17L	-13.03L	-12.01L	-11.53L	-11.63L
Interest And Investment Income	-	2L	2L	2L	57T
Net Interest Expenses	-11.17L	-11.5L	-10.05L	-10L	-11.06L
Currency Exchange Gains (Loss)	-	-	-	6T	-
Other Non Operating Income (Expenses)	-36.37L	-19.38L	-18.24L	5L	5L
EBT, Excl. Unusual Items	-86.34L	-65.65L	-71.65L	-36.2L	-43.68L
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	-86.34L	-65.65L	-71.65L	-36.2L	-43.68L
Earnings From Continuing Operations	-86.34L	-65.65L	-71.65L	-36.2L	-43.68L
Earnings Of Discontinued Operations	-	-	-	11.5L	-
Net Income to Company	-86.34L	-65.65L	-71.65L	-24.7L	-43.68L
Net Income - (IS)	-86.34L	-65.65L	-71.65L	-24.7L	-43.68L
Net Income to Common Incl Extra Items	-86.34L	-65.65L	-71.65L	-24.7L	-43.68L
Net Income to Common Excl. Extra Items	-86.34L	-65.65L	-71.65L	-36.2L	-43.68L
Per Share Items
Net EPS - Basic	-0.01	-0.01	-0.01	-0	-0
Basic EPS - Continuing Operations	-0.01	-0.01	-0.01	-0	-0
Basic Weighted Average Shares Outstanding	86Cr	98Cr	104.63Cr	115.57Cr	119.64Cr
Net EPS - Diluted	-0.01	-0.01	-0.01	-0	-0
Diluted EPS - Continuing Operations	-0.01	-0.01	-0.01	-0	-0
Diluted Weighted Average Shares Outstanding	86Cr	98Cr	104.63Cr	115.57Cr	119.64Cr
Normalized Basic EPS	-0.01	-0	-0	-0	-0
Normalized Diluted EPS	-0.01	-0	-0	-0	-0
Supplemental Items
EBITDA	-34.73L	-33.6L	-40.89L	-29.17L	-35.84L
EBITA	-38.8L	-34.77L	-43.36L	-31.86L	-37.43L
EBIT	-38.8L	-34.77L	-43.36L	-31.86L	-37.43L
EBITDAR	-33.96L	-33.46L	-40.66L	-	-
Normalized Net Income	-53.96L	-41.03L	-44.78L	-22.62L	-27.3L
Interest on Long-Term Debt	6T	7T	13T	13T	23T
Supplemental Operating Expense Items
General and Administrative Expenses	5L	5L	6L	4L	6L
Research And Development Expense From Footnotes	-	-	-	3L	3L
Exploration/Drilling Costs	-	-	-	-	-
Net Rental Expense, Total	77T	14T	23T	-	-
Imputed Operating Lease Interest Expense	-	10.96T	30.17T	-	-
Imputed Operating Lease Depreciation	-	3.04T	-7.17T	-	-
Stock-Based Comp., SG&A Exp. (Total)	8L	6L	8L	1L	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	8L	6L	8L	1L	-

Fiscal Period: June	2022 (AUD)	2023 (AUD)	2024 (AUD)	2025 (AUD)	2026 (AUD)
Assets
Cash And Equivalents	74.23L	1.17Cr	1.68Cr	1.33Cr	2.77Cr
Total Cash And Short Term Investments	74.23L	1.17Cr	1.68Cr	1.33Cr	2.77Cr
Accounts Receivable, Total	15T	-	-	-	14T
Other Receivables	1L	9L	9L	10L	11.72L
Total Receivables	1L	9L	9L	10L	11.86L
Inventory	-	-	-	-	-
Prepaid Expenses	3L	3L	4L	3L	22.82L
Restricted Cash	6L	5L	4L	5L	5L
Total Current Assets	84.2L	1.34Cr	1.85Cr	1.5Cr	3.17Cr
Gross Property Plant And Equipment	10Cr	9.67Cr	10Cr	11Cr	12Cr
Accumulated Depreciation	-3L	-2L	-	-	-
Net Property Plant And Equipment	10Cr	9.65Cr	10Cr	11Cr	12Cr
Other Long-Term Assets, Total	-	14.83L	8L	-	-
Total Assets	11Cr	11Cr	12Cr	12Cr	15Cr
Liabilities
Accounts Payable, Total	13.85L	10.79L	24.86L	11.95L	30.64L
Accrued Expenses, Total	6L	6L	8L	7L	6L
Short-term Borrowings	1.32Cr	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	77.69L
Current Portion of Leases	-	-	77T	1L	1L
Other Current Liabilities	3.32Cr	3.24Cr	3.31Cr	3.28Cr	3.12Cr
Total Current Liabilities	4.83Cr	3.41Cr	3.64Cr	3.48Cr	4.27Cr
Long-Term Debt	61.7L	70.18L	73.67L	66.61L	-
Long-Term Leases	1L	2L	-	2L	14T
Pension & Other Post Retirement Benefits	20T	34T	52T	59T	55T
Other Non Current Liabilities	72.15L	56.99L	39.43L	30.09L	21.49L
Total Liabilities	6.18Cr	4.7Cr	4.78Cr	4.47Cr	4.49Cr
Common Stock, Total	15Cr	17Cr	18Cr	20Cr	23Cr
Retained Earnings	-10Cr	-11Cr	-11Cr	-12Cr	-12Cr
Comprehensive Income and Other	20.89L	15.73L	15.61L	-	-
Total Common Equity	4.75Cr	6.43Cr	7.25Cr	8.03Cr	10Cr
Total Equity	4.75Cr	6.43Cr	7.25Cr	8.03Cr	10Cr
Total Liabilities And Equity	11Cr	11Cr	12Cr	12Cr	15Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	100Cr	101.04Cr	110.78Cr	119.64Cr	167.9Cr
ECS Total Common Shares Outstanding	86Cr	101.04Cr	110.78Cr	119.64Cr	119.64Cr
Book Value / Share	0.06	0.06	0.07	0.07	0.09
Tangible Book Value	4.75Cr	6.43Cr	7.25Cr	8.03Cr	10Cr
Tangible Book Value Per Share	0.06	0.06	0.07	0.07	0.09
Total Debt	1.94Cr	72.05L	74.44L	69.51L	79.31L
Net Debt	1.2Cr	-44.46L	-93.32L	-63.48L	-1.98Cr
Debt Equivalent Oper. Leases	6L	1L	2L	-	-
Account Code - Inventory Valuation	8	8	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	-
Machinery, Total	2L	-	-	-	-

Fiscal Period: June	2022 (AUD)	2023 (AUD)	2024 (AUD)	2025 (AUD)	2026 (AUD)
Net Income	-86.34L	-65.65L	-71.65L	-24.7L	-43.68L
Depreciation & Amortization - CF	71T	2L	2L	3L	1L
Impairment of Oil, Gas & Mineral Properties - (CF)	4L	-	9T	-	13T
Depreciation & Amortization, Total	5L	2L	2L	3L	2L
Stock-Based Compensation (CF)	8L	6L	8L	1L	-
Other Operating Activities, Total	40.25L	19.26L	17.59L	-17.77L	8L
Change In Accounts Receivable	-43T	77T	-67T	71T	-3L
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	-28T	-2L	2L	-3L	1L
Change in Other Net Operating Assets	69T	95T	-15T	-8T	25T
Cash from Operations	-33.59L	-38.04L	-42.19L	-41.19L	-35.25L
Capital Expenditure	-83.29L	-53.94L	-35.81L	-1.43Cr	-69.24L
Sale of Property, Plant, and Equipment	-	9L	9L	58.57L	-
Cash Acquisitions	-1.2Cr	-20L	-20L	-20L	-40L
Other Investing Activities, Total	-	-50T	96T	-2L	-35T
Cash from Investing	-2.03Cr	-65.87L	-46.28L	-1.06Cr	-1.1Cr
Long-Term Debt Issued, Total	2.32Cr	-	-	-	-
Total Debt Issued	2.32Cr	-	-	-	-
Long-Term Debt Repaid, Total	-46T	-81.27L	-6L	-1L	-1L
Total Debt Repaid	-46T	-81.27L	-6L	-1L	-1L
Issuance of Common Stock	53.19L	2.4Cr	1.55Cr	1.2Cr	3.06Cr
Other Financing Activities, Total	-7L	-12.54L	-10L	-6L	-15.31L
Cash from Financing	2.77Cr	1.46Cr	1.4Cr	1.13Cr	2.89Cr
Net Change in Cash	40.33L	42.28L	51.25L	-34.77L	1.44Cr
Supplemental Items
Cash Interest Paid	-	13.21L	12.01L	11.16L	12.01L
Levered Free Cash Flow	2L	-93.28L	-37.27L	-1.84Cr	-1.19Cr
Unlevered Free Cash Flow	9L	-85.14L	-29.76L	-1.76Cr	-1.12Cr
Change In Net Working Capital	-1.04Cr	17.73L	-22.76L	17.35L	20.87L
Net Debt Issued / Repaid	2.31Cr	-81.27L	-6L	-1L	-1L

Fiscal Period: June	2022 (AUD)	2023 (AUD)	2024 (AUD)	2025 (AUD)	2026 (AUD)
Profitability
Return on Assets	-2.61	-1.97	-2.34	-1.62	-1.7
Return on Total Capital	-4.13	-3.14	-3.58	-2.38	-2.34
Return On Equity %	-17.63	-11.74	-10.47	-4.74	-4.71
Return on Common Equity	-17.63	-11.74	-10.47	-4.74	-4.71
Margin Analysis
Gross Profit Margin %	100	-	-	-	-
SG&A Margin	50.15T	-	-	-	-
EBITDA Margin %	-57.88T	-	-	-	-
EBITA Margin %	-64.67T	-	-	-	-
EBIT Margin %	-64.67T	-	-	-	-
Income From Continuing Operations Margin %	-1L	-	-	-	-
Net Income Margin %	-1L	-	-	-	-
Net Avail. For Common Margin %	-1L	-	-	-	-
Normalized Net Income Margin	-89.94T	-	-	-	-
Levered Free Cash Flow Margin	3.23T	-	-	-	-
Unlevered Free Cash Flow Margin	14.87T	-	-	-	-
Asset Turnover
Asset Turnover	0	-	-	-	-
Fixed Assets Turnover	0	-	-	-	-
Short Term Liquidity
Current Ratio	0.17	0.39	0.51	0.43	0.74
Quick Ratio	0.16	0.37	0.49	0.41	0.68
Operating Cash Flow to Current Liabilities	-0.07	-0.11	-0.12	-0.12	-0.08
Long Term Solvency
Total Debt/Equity	40.88	11.2	10.27	8.65	7.56
Total Debt / Total Capital	29.02	10.07	9.31	7.96	7.02
LT Debt/Equity	13.23	11.2	10.16	8.5	0.01
Long-Term Debt / Total Capital	9.39	10.07	9.21	7.82	0.01
Total Liabilities / Total Assets	56.52	42.25	39.73	35.74	29.98
EBIT / Interest Expense	-3.47	-2.67	-3.61	-2.76	-3.22
EBITDA / Interest Expense	-3.07	-2.49	-3.4	-2.53	-3.08
(EBITDA - Capex) / Interest Expense	-10.52	-6.63	-6.39	-14.94	-9.04
Total Debt / EBITDA	-5.68	-2.22	-1.82	-2.38	-2.21
Net Debt / EBITDA	-3.51	1.37	2.28	2.18	5.52
Total Debt / (EBITDA - Capex)	-1.65	-0.83	-0.97	-0.4	-0.75
Net Debt / (EBITDA - Capex)	-1.02	0.51	1.22	0.37	1.88
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-70	-	-	-	-
Gross Profit, 1 Yr. Growth %	-70	-	-	-	-
EBITDA, 1 Yr. Growth %	30.61	-4.11	26.13	-24.64	-22.12
EBITA, 1 Yr. Growth %	11.21	-11.1	24.71	-22.63	-23.16
EBIT, 1 Yr. Growth %	11.21	-11.1	24.71	-22.63	-23.16
Earnings From Cont. Operations, 1 Yr. Growth %	24.05	-23.96	9.14	-47.89	20.66
Net Income, 1 Yr. Growth %	24.05	-23.96	9.14	-65.53	76.84
Normalized Net Income, 1 Yr. Growth %	24.05	-23.96	9.14	-47.89	20.66
Diluted EPS Before Extra, 1 Yr. Growth %	15.91	-34.33	2.97	-53.25	18.1
Accounts Receivable, 1 Yr. Growth %	-71.7	-	-	-	27.27
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	40.43	-4.41	4.73	8.81	7.51
Total Assets, 1 Yr. Growth %	43.45	1.83	8.03	3.9	19.94
Tangible Book Value, 1 Yr. Growth %	-5.68	35.27	12.74	10.78	30.7
Common Equity, 1 Yr. Growth %	-5.68	35.27	12.74	10.78	30.7
Cash From Operations, 1 Yr. Growth %	69.3	13.25	10.91	-2.37	-14.42
Capital Expenditures, 1 Yr. Growth %	250.99	-35.24	-33.61	299.53	-51.6
Levered Free Cash Flow, 1 Yr. Growth %	-99.07	-2.35T	-60.05	411.31	-38.6
Unlevered Free Cash Flow, 1 Yr. Growth %	-95.72	-1.08T	-65.05	521.08	-40.12
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	12.32	12.41	8.03	-5.14	-3.78
EBITA, 2 Yr. CAGR %	-32.24	-0.17	5.29	-4.28	-4.66
EBIT, 2 Yr. CAGR %	-32.24	-0.17	5.29	-4.28	-4.66
Earnings From Cont. Operations, 2 Yr. CAGR %	-8.86	-2.88	-8.9	-25.74	-20.71
Net Income, 2 Yr. CAGR %	-8.86	-2.88	-8.9	-38.66	-21.92
Normalized Net Income, 2 Yr. CAGR %	-8.86	-2.88	-8.9	-25.74	-20.71
Diluted EPS Before Extra, 2 Yr. CAGR %	-13.4	-12.74	-17.77	-31.63	-25.7
Accounts Receivable, 2 Yr. CAGR %	-52.68	-	-	-	-
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	17.72	15.86	0.06	6.75	8.15
Total Assets, 2 Yr. CAGR %	17.2	20.87	4.89	5.94	11.63
Tangible Book Value, 2 Yr. CAGR %	-8.48	12.95	23.49	11.75	20.32
Common Equity, 2 Yr. CAGR %	-8.48	12.95	23.49	11.75	20.32
Cash From Operations, 2 Yr. CAGR %	20.51	38.47	12.07	4.06	-8.59
Capital Expenditures, 2 Yr. CAGR %	-30.26	50.77	-34.43	62.86	39.05
Levered Free Cash Flow, 2 Yr. CAGR %	-89.75	-33.08	199.62	40.28	82.2
Unlevered Free Cash Flow, 2 Yr. CAGR %	-78	-36.08	84.67	43.93	98.52
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	-5.1	6.87	15.42	-5.93	3.4
EBITA, 3 Yr. CAGR %	-3.13	-25.62	7.51	-6.61	2.49
EBIT, 3 Yr. CAGR %	-3.13	-25.62	7.51	-6.61	2.49
Earnings From Cont. Operations, 3 Yr. CAGR %	29.23	-14.2	0.97	-25.15	-12.7
Net Income, 3 Yr. CAGR %	29.23	-14.2	0.97	-34.11	-12.7
Normalized Net Income, 3 Yr. CAGR %	29.23	-14.2	0.97	-25.15	-12.7
Diluted EPS Before Extra, 3 Yr. CAGR %	19.93	-21.02	-7.79	-32.54	-17.96
Accounts Receivable, 3 Yr. CAGR %	-39.28	-	-	-	-
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	16.83	9.83	12.03	2.89	7
Total Assets, 3 Yr. CAGR %	11.86	11.84	16.43	4.56	10.42
Tangible Book Value, 3 Yr. CAGR %	-5.41	4.25	12.88	19.1	17.74
Common Equity, 3 Yr. CAGR %	-5.41	4.25	12.88	19.1	17.74
Cash From Operations, 3 Yr. CAGR %	12.06	18.04	28.59	7.04	-2.51
Capital Expenditures, 3 Yr. CAGR %	-13.36	-31.96	14.7	19.76	8.68
Levered Free Cash Flow, 3 Yr. CAGR %	-76.28	-20.33	-43.65	253.63	8.51
Unlevered Free Cash Flow, 3 Yr. CAGR %	-60.51	-22.69	-47.73	172.4	9.54
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	19.32	6.76	0.13	1.16	6.15
EBITA, 5 Yr. CAGR %	18.32	3.91	0.32	-17.72	1.42
EBIT, 5 Yr. CAGR %	18.32	3.91	0.32	-17.72	1.42
Earnings From Cont. Operations, 5 Yr. CAGR %	19	24.24	12.36	-19.02	-8.9
Net Income, 5 Yr. CAGR %	19	24.24	12.36	-24.98	-8.9
Normalized Net Income, 5 Yr. CAGR %	19	24.24	12.36	-19.02	-8.9
Diluted EPS Before Extra, 5 Yr. CAGR %	9.61	14.54	3.14	-25.45	-15.91
Accounts Receivable, 5 Yr. CAGR %	-44.62	-	-	-	-23.38
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	18.31	14.15	9.81	8.58	10.46
Total Assets, 5 Yr. CAGR %	16.58	12.25	9.02	9.44	14.48
Tangible Book Value, 5 Yr. CAGR %	7.72	8.12	5.24	7.19	15.8
Common Equity, 5 Yr. CAGR %	7.72	8.12	5.24	7.19	15.8
Cash From Operations, 5 Yr. CAGR %	21.44	17.87	12.07	12.23	12.18
Capital Expenditures, 5 Yr. CAGR %	37.59	0.62	-22.5	-3.53	23.88
Levered Free Cash Flow, 5 Yr. CAGR %	-36.49	7.75	-23.83	-0.09	-10.57
Unlevered Free Cash Flow, 5 Yr. CAGR %	-13.75	5.96	-27.14	-0.87	-11.69