Li-Metal Balance Sheet Health
Financial Health criteria checks 4/6
Li-Metal has a total shareholder equity of CA$5.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.4M and CA$1.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.80m |
| Equity | CA$5.89m |
| Total liabilities | CA$1.48m |
| Total assets | CA$7.38m |
Financial Position Analysis
Short Term Liabilities: LIM's short term assets (CA$2.2M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: LIM's short term assets (CA$2.2M) exceed its long term liabilities (CA$464.8K).
Debt to Equity History and Analysis
Debt Level: LIM is debt free.
Reducing Debt: LIM 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: LIM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LIM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.1% each year