Evergreen Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Evergreen Lithium has a total shareholder equity of A$16.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$16.9M and A$311.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.58m |
| Equity | AU$16.58m |
| Total liabilities | AU$311.68k |
| Total assets | AU$16.89m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: EG1's short term assets (A$5.7M) exceed its short term liabilities (A$311.2K).
Long Term Liabilities: EG1's short term assets (A$5.7M) exceed its long term liabilities (A$526.0).
Debt to Equity History and Analysis
Debt Level: EG1 is debt free.
Reducing Debt: EG1 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: EG1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EG1 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 50.6% each year.