Evergreen Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Evergreen Lithium has a total shareholder equity of A$19.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$19.7M and A$242.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$6.87m |
Equity | AU$19.49m |
Total liabilities | AU$242.12k |
Total assets | AU$19.74m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: EG1's short term assets (A$7.1M) exceed its short term liabilities (A$241.4K).
Long Term Liabilities: EG1's short term assets (A$7.1M) exceed its long term liabilities (A$686.0).
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 1.5 years if free cash flow continues to reduce at historical rates of 90.3% each year.