Global Lithium Resources Balance Sheet Health
Financial Health criteria checks 5/6
Global Lithium Resources has a total shareholder equity of A$168.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$173.4M and A$4.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$35.98m |
Equity | AU$168.81m |
Total liabilities | AU$4.59m |
Total assets | AU$173.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GL1's short term assets (A$37.4M) exceed its short term liabilities (A$3.9M).
Long Term Liabilities: GL1's short term assets (A$37.4M) exceed its long term liabilities (A$728.7K).
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GL1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 70.1% each year