Critical Elements Lithium Balance Sheet Health
Financial Health criteria checks 5/6
Critical Elements Lithium has a total shareholder equity of CA$73.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$79.3M and CA$5.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$20.90m |
| Equity | CA$73.56m |
| Total liabilities | CA$5.74m |
| Total assets | CA$79.30m |
Financial Position Analysis
Short Term Liabilities: CRE's short term assets (CA$23.0M) exceed its short term liabilities (CA$2.3M).
Long Term Liabilities: CRE's short term assets (CA$23.0M) exceed its long term liabilities (CA$3.4M).
Debt to Equity History and Analysis
Debt Level: CRE is debt free.
Reducing Debt: CRE has no debt compared to 5 years ago when its debt to equity ratio was 22.6%.
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: CRE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CRE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.5% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:49 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Critical Elements Lithium Corporation is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eric Zaunscherb | Canaccord Genuity |
| null null | Cantor Fitzgerald Canada Corporation |
| Sehaj Anand | iA Capital Markets |