Loyal Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Loyal Lithium has a total shareholder equity of A$25.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$26.9M and A$1.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$6.40m |
Equity | AU$25.77m |
Total liabilities | AU$1.12m |
Total assets | AU$26.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LLI's short term assets (A$7.1M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: LLI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LLI is debt free.
Reducing Debt: LLI had no debt 5 years ago.
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: LLI has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LLI is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.