Argentina Lithium & Energy Balance Sheet Health
Financial Health criteria checks 4/6
Argentina Lithium & Energy has a total shareholder equity of CA$9.2M and total debt of CA$100.0K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CA$10.4M and CA$1.3M respectively.
Key information
1.1%
Debt to equity ratio
CA$100.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$987.17k |
| Equity | CA$9.16m |
| Total liabilities | CA$1.26m |
| Total assets | CA$10.42m |
Financial Position Analysis
Short Term Liabilities: LIT's short term assets (CA$1.2M) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: LIT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LIT has more cash than its total debt.
Reducing Debt: LIT's debt to equity ratio has increased from 0% to 1.1% 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: LIT has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LIT is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.