Lithium Americas Balance Sheet Health
Financial Health criteria checks 6/6
Lithium Americas has a total shareholder equity of $406.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $436.5M and $30.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$147.24m |
Equity | US$406.49m |
Total liabilities | US$30.03m |
Total assets | US$436.52m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LAC's short term assets ($153.3M) exceed its short term liabilities ($22.1M).
Long Term Liabilities: LAC's short term assets ($153.3M) exceed its long term liabilities ($7.9M).
Debt to Equity History and Analysis
Debt Level: LAC is debt free.
Reducing Debt: LAC 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: LAC has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LAC is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.