United Lithium Balance Sheet Health
Financial Health criteria checks 4/6
United Lithium has a total shareholder equity of CA$12.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$13.2M and CA$317.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.27m |
| Equity | CA$12.86m |
| Total liabilities | CA$316.98k |
| Total assets | CA$13.18m |
Financial Position Analysis
Short Term Liabilities: ULTH's short term assets (CA$2.1M) exceed its short term liabilities (CA$248.1K).
Long Term Liabilities: ULTH's short term assets (CA$2.1M) exceed its long term liabilities (CA$68.9K).
Debt to Equity History and Analysis
Debt Level: ULTH is debt free.
Reducing Debt: ULTH 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: ULTH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ULTH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25% each year