Global Li-Ion Graphite Balance Sheet Health
Financial Health criteria checks 4/6
Global Li-Ion Graphite has a total shareholder equity of CA$2.3M and total debt of CA$193.2K, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are CA$3.2M and CA$840.7K respectively.
Key information
8.2%
Debt to equity ratio
CA$193.16k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$79.46k |
| Equity | CA$2.34m |
| Total liabilities | CA$840.69k |
| Total assets | CA$3.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LION's short term assets (CA$155.8K) do not cover its short term liabilities (CA$840.7K).
Long Term Liabilities: LION has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LION's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: LION's debt to equity ratio has increased from 0.4% to 8.2% 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: LION has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LION is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.