First Lithium Balance Sheet Health
Financial Health criteria checks 6/6
First Lithium has a total shareholder equity of A$3.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.1M and A$276.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.98m |
Equity | AU$3.81m |
Total liabilities | AU$276.43k |
Total assets | AU$4.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FL1's short term assets (A$4.1M) exceed its short term liabilities (A$276.4K).
Long Term Liabilities: FL1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FL1 is debt free.
Reducing Debt: FL1 had no debt 5 years ago.
Debt Coverage: FL1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FL1 has no debt, therefore coverage of interest payments is not a concern.