Lithos Group Balance Sheet Health
Financial Health criteria checks 1/6
Lithos Group has a total shareholder equity of CA$25.7M and total debt of CA$748.8K, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CA$27.4M and CA$1.7M respectively.
Key information
2.9%
Debt to equity ratio
CA$748.76k
Debt
Interest coverage ratio | n/a |
Cash | CA$136.69k |
Equity | CA$25.70m |
Total liabilities | CA$1.68m |
Total assets | CA$27.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LITS's short term assets (CA$193.1K) do not cover its short term liabilities (CA$926.9K).
Long Term Liabilities: LITS's short term assets (CA$193.1K) do not cover its long term liabilities (CA$748.8K).
Debt to Equity History and Analysis
Debt Level: LITS's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: LITS's debt to equity ratio has increased from 0% to 2.9% 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: LITS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LITS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.8% each year