Infinity Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Infinity Lithium has a total shareholder equity of A$25.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$57.1M and A$31.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.62m |
| Equity | AU$25.87m |
| Total liabilities | AU$31.28m |
| Total assets | AU$57.15m |
Recent financial health updates
Here's Why We're Not Too Worried About Infinity Lithium's (ASX:INF) Cash Burn Situation
Feb 06
We Think Infinity Lithium (ASX:INF) Can Afford To Drive Business Growth
Oct 23We're Not Very Worried About Infinity Lithium's (ASX:INF) Cash Burn Rate
Jul 06Infinity Lithium (ASX:INF) Is In A Good Position To Deliver On Growth Plans
Mar 23Infinity Lithium (ASX:INF) Is In A Good Position To Deliver On Growth Plans
Nov 16We're Interested To See How Infinity Lithium (ASX:INF) Uses Its Cash Hoard To Grow
Jul 21Recent updates
Here's Why We're Not Too Worried About Infinity Lithium's (ASX:INF) Cash Burn Situation
Feb 06We Think Infinity Lithium (ASX:INF) Can Afford To Drive Business Growth
Oct 23We're Not Very Worried About Infinity Lithium's (ASX:INF) Cash Burn Rate
Jul 06Infinity Lithium (ASX:INF) Is In A Good Position To Deliver On Growth Plans
Mar 23Infinity Lithium (ASX:INF) Is In A Good Position To Deliver On Growth Plans
Nov 16We're Interested To See How Infinity Lithium (ASX:INF) Uses Its Cash Hoard To Grow
Jul 21Infinity Lithium (ASX:INF) Is In A Strong Position To Grow Its Business
Mar 25Financial Position Analysis
Short Term Liabilities: INF's short term assets (A$40.7M) exceed its short term liabilities (A$793.0K).
Long Term Liabilities: INF's short term assets (A$40.7M) exceed its long term liabilities (A$30.5M).
Debt to Equity History and Analysis
Debt Level: INF is debt free.
Reducing Debt: INF 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: INF has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: INF has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 6.1% each year.