Full Circle Lithium Balance Sheet Health
Financial Health criteria checks 4/6
Full Circle Lithium has a total shareholder equity of $6.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $6.7M and $220.5K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$1.39m |
Equity | US$6.50m |
Total liabilities | US$220.54k |
Total assets | US$6.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCLI's short term assets ($1.5M) exceed its short term liabilities ($220.5K).
Long Term Liabilities: FCLI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FCLI is debt free.
Reducing Debt: FCLI 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: FCLI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FCLI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 58.3% each year