Piedmont Lithium Balance Sheet Health
Financial Health criteria checks 5/6
Piedmont Lithium has a total shareholder equity of $311.1M and total debt of $359.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are $335.2M and $24.1M respectively.
Key information
0.1%
Debt to equity ratio
US$359.00k
Debt
Interest coverage ratio | n/a |
Cash | US$79.30m |
Equity | US$311.07m |
Total liabilities | US$24.14m |
Total assets | US$335.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLL's short term assets ($86.1M) exceed its short term liabilities ($18.8M).
Long Term Liabilities: PLL's short term assets ($86.1M) exceed its long term liabilities ($5.3M).
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 0.1% 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 1.5 years if free cash flow continues to reduce at historical rates of 35.4% each year.