Piedmont Lithium Balance Sheet Health
Financial Health criteria checks 5/6
Piedmont Lithium has a total shareholder equity of $332.3M and total debt of $163.0K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are $381.3M and $48.9M respectively.
Key information
0.05%
Debt to equity ratio
US$163.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$72.21m |
| Equity | US$332.33m |
| Total liabilities | US$48.93m |
| Total assets | US$381.26m |
Recent financial health updates
We Think Piedmont Lithium (ASX:PLL) Can Easily Afford To Drive Business Growth
Jun 11
We're Not Very Worried About Piedmont Lithium's (ASX:PLL) Cash Burn Rate
Feb 07Is Piedmont Lithium (ASX:PLL) Using Debt Sensibly?
Jan 10Is Piedmont Lithium (ASX:PLL) Using Debt Sensibly?
Oct 12We're Not Worried About Piedmont Lithium's (ASX:PLL) Cash Burn
Mar 12Recent updates
We Think Piedmont Lithium (ASX:PLL) Can Easily Afford To Drive Business Growth
Jun 11We're Not Very Worried About Piedmont Lithium's (ASX:PLL) Cash Burn Rate
Feb 07Is Piedmont Lithium (ASX:PLL) Using Debt Sensibly?
Jan 10Is Piedmont Lithium (ASX:PLL) Using Debt Sensibly?
Oct 12We're Not Worried About Piedmont Lithium's (ASX:PLL) Cash Burn
Mar 12Should You Take Comfort From Insider Transactions At Piedmont Lithium Limited (ASX:PLL)?
Jan 05Financial Position Analysis
Short Term Liabilities: PLL's short term assets ($76.2M) exceed its short term liabilities ($41.4M).
Long Term Liabilities: PLL's short term assets ($76.2M) exceed its long term liabilities ($7.6M).
Debt to Equity History and Analysis
Debt Level: PLL has more cash than its total debt.
Reducing Debt: PLL's debt to equity ratio has increased from 0% to 0.05% 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: PLL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PLL has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 37.8% each year.