Lithium Energy Balance Sheet Health
Financial Health criteria checks 4/6
Lithium Energy has a total shareholder equity of A$29.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$32.5M and A$3.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.58m |
| Equity | AU$29.32m |
| Total liabilities | AU$3.23m |
| Total assets | AU$32.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEL's short term assets (A$28.7M) exceed its short term liabilities (A$3.2M).
Long Term Liabilities: LEL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LEL is debt free.
Reducing Debt: LEL 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: LEL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LEL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52.2% each year