Operations: Reef Casino Trust has not reported any specific revenue segments.

Market Cap: A$67.73M

Reef Casino Trust, with a market cap of A$67.73 million, presents a mixed picture as a penny stock. Its recent earnings report showed slight declines in revenue and net income compared to the previous year, with sales at A$25.52 million and net income at A$5.08 million. The company's debt situation is favorable, having more cash than total debt and significantly reduced its debt-to-equity ratio over five years to 0.01%. However, interest coverage by EBIT remains low at 2x, indicating potential financial strain if profits decrease further. Additionally, short-term assets cover liabilities well but long-term liabilities remain uncovered by current assets.

• Unlock comprehensive insights into our analysis of Reef Casino Trust stock in this financial health report.

• Review our historical performance report to gain insights into Reef Casino Trust's track record.

3D Energi

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: 3D Energi Limited is engaged in the exploration and development of upstream oil and gas assets in Australia, with a market cap of A$35.01 million.

Operations: 3D Energi Limited has not reported any specific revenue segments.

Market Cap: A$35.01M

3D Energi Limited, with a market cap of A$35.01 million, is currently pre-revenue and unprofitable but has been reducing its losses by 42% annually over the past five years. The company is debt-free and maintains positive short-term liquidity, as its assets (A$3.3M) exceed both short-term (A$650.6K) and long-term liabilities (A$11.1K). Shareholders have not faced significant dilution recently, which can be appealing for investors wary of equity erosion in penny stocks. The board of directors brings substantial experience with an average tenure exceeding ten years, potentially providing stable governance amid ongoing financial challenges.

• Jump into the full analysis health report here for a deeper understanding of 3D Energi.

• Evaluate 3D Energi's historical performance by accessing our past performance report.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:MXI ASX:RCT and ASX:TDO.

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