Premier Lithium Balance Sheet Health
Financial Health criteria checks 5/6
Premier Lithium has a total shareholder equity of A$7.5M and total debt of A$10.4K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are A$9.5M and A$2.1M respectively.
Key information
0.1%
Debt to equity ratio
AU$10.37k
Debt
Interest coverage ratio | n/a |
Cash | AU$311.32k |
Equity | AU$7.45m |
Total liabilities | AU$2.07m |
Total assets | AU$9.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLC's short term assets (A$7.5M) exceed its short term liabilities (A$2.1M).
Long Term Liabilities: PLC's short term assets (A$7.5M) exceed its long term liabilities (A$17.1K).
Debt to Equity History and Analysis
Debt Level: PLC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PLC'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: PLC has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PLC is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.