Patriot Lithium Balance Sheet Health
Financial Health criteria checks 4/6
Patriot Lithium has a total shareholder equity of A$4.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.5M and A$168.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.34m |
| Equity | AU$4.33m |
| Total liabilities | AU$168.59k |
| Total assets | AU$4.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAT's short term assets (A$2.5M) exceed its short term liabilities (A$168.6K).
Long Term Liabilities: PAT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PAT is debt free.
Reducing Debt: PAT 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: PAT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PAT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.1% each year