Lykos Metals Balance Sheet Health
Financial Health criteria checks 6/6
Lykos Metals has a total shareholder equity of A$5.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.0M and A$98.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$823.57k |
Equity | AU$5.86m |
Total liabilities | AU$98.66k |
Total assets | AU$5.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LYK's short term assets (A$1.4M) exceed its short term liabilities (A$98.7K).
Long Term Liabilities: LYK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LYK is debt free.
Reducing Debt: LYK 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: LYK has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LYK is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.