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在2007年度报告中，发现公司有融资租赁与分期付款到期偿还。年息8.24%的平均率。此外，有租购安排已进入由库兰铁矿有限公司通过与小松公司财务有限公司有限公司，西太平洋银行主租赁协议。分期付款购买金额每月分期付款偿还最后定于四月2012的平均增长率为7.14%。该公司还贷款100000000美元的银团包括西太平洋银行，平均增长率为7.22%，苏格兰和东京三菱银行。
In the annual report of 2007, it finds that the company has a finance leases are repayable monthly with final instalments due in August 2013. Interest is charged at an average rate of 8.24%. In addition, there is a hire purchase arrangements have been entered into by koolan iron ore pty ltd via a master lease agreement with komatsu corporate finance pty ltd limited and Westpac Banking. Hire purchase amounts are repayable monthly with final instalments due in April 2012 with an average rate of 7.14%. The company also loan the $100 million with a banking syndicate comprising westpac banking corporation, bank of Scotland and Bank of Tokyo-Mitsubishi with an average rate of 7.22%. 更重要的是，该公司授权的汇丰银行澳大利亚有限公司、澳大利亚国民银行的200000000美元债务进行再融资的设施基金现有项目的联合牵头行和承销银行。在一般的利息支出总额为20072000000美元，和S / T债务增加了97000000美元的L / T债务增加了51000000美元。和投入的PP及PP及E的资产增加了483美元债务大部分百万。这个巨大的扩张计划可能导致现金生成开始时要慢。然而，在2007的正的利润给企业偿还债务的信心。此外，在当前和前一年的有任何的贷款没有违约或违反。因此，从公司健全的资本结构，强大的资产和合理的利润产生电力，它可以覆盖两个L / T和S / T的债务。 What’s more, the Company mandated hSBC Australia Limited and National Australia Bank Limited as the join lead Arranger and Underwriting Banks for a $assignment200 million debt facility to fund the refinance of the existing project. In general the total interest expense for 2007 is $2 million, and the S/T debt increased by $97 million and the L/T debt increased by $51 million. And the majority of debt invested into the assets of PP&E as the PP&E increased by $483 millions. This huge expansion plan may cause cash generation be slower at the beginning. However, the positive profit margin in 2007 give the confidence for the business to pay for the debt. In addition, During the current and prior year there were no defaults or breaches on any of the borrowings. Therefore, from the company sound capital structure, the strong asset and the sound profit generation power, it can cover both L/T and S/T debt.
Current ratio consists of current assets and current liability. During the three years data, there is an decreasing trend on this ratio. Normally, this is a bad sign to question the business’s ability to generate cash for the short term. The reason causes current ratio decreasing is the large amount of short-term debt financed in 2006 and 2007. The company invest the majority debt into the non-current asset (PP&E https://www.51lunwen.org/mgzuoye/ ) to expand. Even there is a significant increase in the customer receipts and the inventories. The increase of current assets in 2007 still cannot offset the affection due to the large amount of the S/T debt.
Quick ratio indicates the ability the entity could pay all its current liabilities if they came due immediately. The data shows it decreasing during the current three years.
Giving the reason above, both Current and Quick ratios show that the company is not in a strong position to pay off its short term debt.