Patagonia Lithium Balance Sheet Health
Financial Health criteria checks 5/6
Patagonia Lithium has a total shareholder equity of A$7.1M and total debt of A$119.3K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are A$7.3M and A$214.6K respectively.
Key information
1.7%
Debt to equity ratio
AU$119.29k
Debt
Interest coverage ratio | n/a |
Cash | AU$2.65m |
Equity | AU$7.12m |
Total liabilities | AU$214.58k |
Total assets | AU$7.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PL3's short term assets (A$2.9M) exceed its short term liabilities (A$214.6K).
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 more than a year based on its current free cash flow.
Forecast Cash Runway: PL3 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 56.8% each year.