Patagonia Lithium Balance Sheet Health
Financial Health criteria checks 5/6
Patagonia Lithium has a total shareholder equity of A$7.0M and total debt of A$40.9K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are A$7.2M and A$139.1K respectively.
Key information
0.6%
Debt to equity ratio
AU$40.92k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$295.92k |
| Equity | AU$7.03m |
| Total liabilities | AU$139.14k |
| Total assets | AU$7.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PL3's short term assets (A$766.6K) exceed its short term liabilities (A$139.1K).
Long Term Liabilities: PL3 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PL3 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PL3's debt to equity ratio has reduced over the 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: PL3 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PL3 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.