Global Lithium Resources Balance Sheet Health
Financial Health criteria checks 5/6
Global Lithium Resources has a total shareholder equity of A$166.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$169.7M and A$3.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$26.86m |
| Equity | AU$166.28m |
| Total liabilities | AU$3.47m |
| Total assets | AU$169.74m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GL1's short term assets (A$27.5M) exceed its short term liabilities (A$2.9M).
Long Term Liabilities: GL1's short term assets (A$27.5M) exceed its long term liabilities (A$612.6K).
Debt to Equity History and Analysis
Debt Level: GL1 is debt free.
Reducing Debt: GL1 has not had any debt for past 5 years.
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: GL1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GL1 has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 52.2% each year.