Lykos Metals Balance Sheet Health
Financial Health criteria checks 5/6
Lykos Metals has a total shareholder equity of A$2.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.6M and A$204.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.00m |
| Equity | AU$2.42m |
| Total liabilities | AU$204.09k |
| Total assets | AU$2.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LYK's short term assets (A$2.2M) exceed its short term liabilities (A$133.6K).
Long Term Liabilities: LYK's short term assets (A$2.2M) exceed its long term liabilities (A$70.5K).
Debt to Equity History and Analysis
Debt Level: LYK is debt free.
Reducing Debt: LYK 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: LYK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LYK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.3% each year