Oceana Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Oceana Lithium has a total shareholder equity of A$7.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.8M and A$289.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.15m |
| Equity | AU$7.46m |
| Total liabilities | AU$289.46k |
| Total assets | AU$7.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCN's short term assets (A$2.3M) exceed its short term liabilities (A$289.5K).
Long Term Liabilities: OCN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OCN is debt free.
Reducing Debt: OCN 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: OCN has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OCN is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.