Ameriwest Lithium Balance Sheet Health
Financial Health criteria checks 2/6
Ameriwest Lithium has a total shareholder equity of CA$7.9M and total debt of CA$84.0K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CA$8.6M and CA$672.0K respectively.
Key information
1.1%
Debt to equity ratio
CA$84.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$275.63k |
| Equity | CA$7.93m |
| Total liabilities | CA$672.03k |
| Total assets | CA$8.60m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWLI's short term assets (CA$312.1K) do not cover its short term liabilities (CA$672.0K).
Long Term Liabilities: AWLI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AWLI has more cash than its total debt.
Reducing Debt: AWLI's debt to equity ratio has increased from 0% to 1.1% 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: AWLI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AWLI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45.4% each year