Lake Resources Balance Sheet Health
Financial Health criteria checks 6/6
Lake Resources has a total shareholder equity of A$142.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$161.4M and A$18.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$31.31m |
| Equity | AU$142.78m |
| Total liabilities | AU$18.66m |
| Total assets | AU$161.44m |
Recent financial health updates
We're A Little Worried About Lake Resources' (ASX:LKE) Cash Burn Rate
Mar 02
Lake Resources (ASX:LKE) Will Have To Spend Its Cash Wisely
Nov 07Will Lake Resources (ASX:LKE) Spend Its Cash Wisely?
Jul 21Here's Why We're Watching Lake Resources' (ASX:LKE) Cash Burn Situation
Mar 16Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans
Sep 02Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans
May 19Recent updates
We're A Little Worried About Lake Resources' (ASX:LKE) Cash Burn Rate
Mar 02Lake Resources (ASX:LKE) Will Have To Spend Its Cash Wisely
Nov 07Will Lake Resources (ASX:LKE) Spend Its Cash Wisely?
Jul 21Here's Why We're Watching Lake Resources' (ASX:LKE) Cash Burn Situation
Mar 16Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans
Sep 02Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans
May 19Lake Resources (ASX:LKE) Is In A Strong Position To Grow Its Business
Jan 31Companies Like Lake Resources (ASX:LKE) Can Afford To Invest In Growth
Oct 18How Many Lake Resources NL (ASX:LKE) Shares Have Insiders Sold, In The Last Year?
Jan 26
Financial Position Analysis
Short Term Liabilities: LKE's short term assets (A$37.6M) exceed its short term liabilities (A$16.7M).
Long Term Liabilities: LKE's short term assets (A$37.6M) exceed its long term liabilities (A$2.0M).
Debt to Equity History and Analysis
Debt Level: LKE is debt free.
Reducing Debt: LKE has no debt compared to 5 years ago when its debt to equity ratio was 14.5%.
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: LKE has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LKE is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.