Sigma Lithium Balance Sheet Health
Financial Health criteria checks 2/6
Sigma Lithium has a total shareholder equity of CA$218.6M and total debt of CA$150.4M, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are CA$455.0M and CA$236.4M respectively.
Key information
68.8%
Debt to equity ratio
CA$150.41m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$38.14m |
| Equity | CA$218.63m |
| Total liabilities | CA$236.38m |
| Total assets | CA$455.01m |
Financial Position Analysis
Short Term Liabilities: SGML's short term assets (CA$153.4M) exceed its short term liabilities (CA$99.8M).
Long Term Liabilities: SGML's short term assets (CA$153.4M) exceed its long term liabilities (CA$136.6M).
Debt to Equity History and Analysis
Debt Level: SGML's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: SGML's debt to equity ratio has increased from 42.7% to 68.8% 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: SGML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SGML has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.