Lake Resources Balance Sheet Health
Financial Health criteria checks 5/6
Lake Resources has a total shareholder equity of A$154.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$177.6M and A$23.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$22.90m |
| Equity | AU$154.57m |
| Total liabilities | AU$23.06m |
| Total assets | AU$177.63m |
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$25.6M) exceed its short term liabilities (A$18.8M).
Long Term Liabilities: LKE's short term assets (A$25.6M) exceed its long term liabilities (A$4.2M).
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 11.1%.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LKE has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 48.4% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 05:51 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lake Resources NL is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stuart Howe | Bell Potter |
| Reg Spencer | Canaccord Genuity |
| Joseph Reagor | Roth MKM |