NOA Lithium Brines Balance Sheet Health
Financial Health criteria checks 4/6
NOA Lithium Brines has a total shareholder equity of CA$12.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$13.5M and CA$856.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.36m |
Equity | CA$12.69m |
Total liabilities | CA$856.22k |
Total assets | CA$13.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOAL's short term assets (CA$1.4M) exceed its short term liabilities (CA$849.8K).
Long Term Liabilities: NOAL's short term assets (CA$1.4M) exceed its long term liabilities (CA$6.4K).
Debt to Equity History and Analysis
Debt Level: NOAL is debt free.
Reducing Debt: NOAL 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: NOAL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NOAL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 115.4% each year