Delta Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Delta Lithium has a total shareholder equity of A$242.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$261.9M and A$19.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$117.58m |
Equity | AU$242.02m |
Total liabilities | AU$19.89m |
Total assets | AU$261.92m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DLI's short term assets (A$119.6M) exceed its short term liabilities (A$17.0M).
Long Term Liabilities: DLI's short term assets (A$119.6M) exceed its long term liabilities (A$2.9M).
Debt to Equity History and Analysis
Debt Level: DLI is debt free.
Reducing Debt: DLI had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DLI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DLI has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 65.8% each year.