Lithium Plus Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Lithium Plus Minerals has a total shareholder equity of A$22.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.7M and A$685.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.70m |
| Equity | AU$22.02m |
| Total liabilities | AU$685.79k |
| Total assets | AU$22.70m |
Recent financial health updates
Here's Why We're Watching Lithium Plus Minerals' (ASX:LPM) Cash Burn Situation
Jun 19
Will Lithium Plus Minerals (ASX:LPM) Spend Its Cash Wisely?
Sep 07Lithium Plus Minerals (ASX:LPM) Is In A Good Position To Deliver On Growth Plans
May 19We're Not Worried About Lithium Plus Minerals' (ASX:LPM) Cash Burn
Feb 03We're Interested To See How Lithium Plus Minerals (ASX:LPM) Uses Its Cash Hoard To Grow
Oct 14Recent updates
Here's Why We're Watching Lithium Plus Minerals' (ASX:LPM) Cash Burn Situation
Jun 19Will Lithium Plus Minerals (ASX:LPM) Spend Its Cash Wisely?
Sep 07Lithium Plus Minerals (ASX:LPM) Is In A Good Position To Deliver On Growth Plans
May 19We're Not Worried About Lithium Plus Minerals' (ASX:LPM) Cash Burn
Feb 03We're Interested To See How Lithium Plus Minerals (ASX:LPM) Uses Its Cash Hoard To Grow
Oct 14Financial Position Analysis
Short Term Liabilities: LPM's short term assets (A$7.0M) exceed its short term liabilities (A$593.5K).
Long Term Liabilities: LPM's short term assets (A$7.0M) exceed its long term liabilities (A$92.3K).
Debt to Equity History and Analysis
Debt Level: LPM is debt free.
Reducing Debt: LPM 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: LPM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LPM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 73.2% each year