Galan Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Galan Lithium has a total shareholder equity of A$125.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$136.6M and A$11.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$15.86m |
Equity | AU$125.41m |
Total liabilities | AU$11.18m |
Total assets | AU$136.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLN's short term assets (A$15.9M) exceed its short term liabilities (A$8.0M).
Long Term Liabilities: GLN's short term assets (A$15.9M) exceed its long term liabilities (A$3.2M).
Debt to Equity History and Analysis
Debt Level: GLN is debt free.
Reducing Debt: GLN 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: GLN has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GLN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.