Volt Lithium Balance Sheet Health
Financial Health criteria checks 4/6
Volt Lithium has a total shareholder equity of CA$10.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$11.9M and CA$1.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.26m |
| Equity | CA$10.44m |
| Total liabilities | CA$1.46m |
| Total assets | CA$11.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLT's short term assets (CA$1.7M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: VLT's short term assets (CA$1.7M) exceed its long term liabilities (CA$410.1K).
Debt to Equity History and Analysis
Debt Level: VLT is debt free.
Reducing Debt: VLT has not had any debt for 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: VLT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VLT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 59.3% each year