Lithium Plus Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Lithium Plus Minerals has a total shareholder equity of A$22.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$25.1M and A$2.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$9.41m |
Equity | AU$22.88m |
Total liabilities | AU$2.19m |
Total assets | AU$25.07m |
Recent financial health updates
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
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 14Financial Position Analysis
Short Term Liabilities: LPM's short term assets (A$10.2M) exceed its short term liabilities (A$2.1M).
Long Term Liabilities: LPM's short term assets (A$10.2M) exceed its long term liabilities (A$123.9K).
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 sufficient cash runway for more than a year 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 103.5% each year