Kodal Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Kodal Minerals has a total shareholder equity of £57.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £57.6M and £139.3K respectively.

Key information

Debt to equity ratio

UK£0

Debt

Interest coverage ratio	n/a
Cash	UK£16.33m
Equity	UK£57.43m
Total liabilities	UK£139.30k
Total assets	UK£57.57m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 7UE's short term assets (£19.8M) exceed its short term liabilities (£139.3K).

Long Term Liabilities: 7UE has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: 7UE is debt free.

Reducing Debt: 7UE had no debt 5 years ago.

Debt Coverage: 7UE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 7UE has no debt, therefore coverage of interest payments is not a concern.

Kodal Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Kodal Minerals plc Provides Update on the Progress of Construction of the Stage 1 Dense Media Separation Processing Plant and Mining At the Ngoualana Open Pit Mine At Its Fully Funded Bougouni Lithium Project in Southern Mali

Kodal Minerals plc Provides Bougouni Construction & Boumou Prospect Update

Kodal Minerals PLC, Annual General Meeting, Sep 26, 2024

Kodal Minerals plc Provides an Update on Project Development Activities At Its Fully Funded Bougouni Lithium Project in Southern Mali

Forecast breakeven date pushed back to 2026

Less than half of directors are independent

New minor risk - Financial data availability

Less than half of directors are independent

Kodal Minerals PLC Provides Update on the Initial Drilling Assay Results Return At the Boumou Prospect Located Within the Bougouni Lithium Project in Mali

Kodal Minerals plc Provides an Update on Project Development Activities At Its Bougouni Lithium Project in Southern Mali

Less than half of directors are independent

Kodal Minerals PLC Provides Bougouni Lithium Project Development Update

Kodal Minerals Appoints Lei ("David") Teng as Non-Executive Director

Forecast breakeven date pushed back to 2026

Less than half of directors are independent

Less than half of directors are independent

Independent Non-Executive Director recently sold €114k worth of stock

New minor risk - Shareholder dilution

Kodal Minerals PLC announced that it has received $17.753137 million in funding from Hong Kong Xinmao Investment Co., Limited

Kodal Minerals PLC Announces Bougouni Lithium Project Mineral Resource Update

Less than half of directors are independent

Kodal Minerals, Provides an Update on Project Development Activities and General Progress Atits Bougouni Lithium Project in Southern Mali

Kodal Minerals Announces the Resignation of Dr Qingtao Zeng as a Non-Executive Director of the Company

Kodal Minerals PLC, Annual General Meeting, Sep 29, 2023

Less than half of directors are independent

Kodal Minerals plc Provides Update on the Completed Drilling At the Company's Bougouni Lithium Project Located in Southern Mali

Less than half of directors are independent

Forecast to breakeven in 2025

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Kodal Minerals Plc Provides Update on Potential for Initial Rapid Development of Its Bougouni Lithium Project in Southern Mali

Less than half of directors are independent

Kodal Minerals Plc, Annual General Meeting, Sep 29, 2022

Less than half of directors are independent

Kodal Minerals Plc Appoints Steven Zaninovich as Operations Director

Less than half of directors are independent

Kodal Minerals plc Provides Bougouni Lithium Project Update

Less than half of directors are independent

Kodal Minerals Provides an Update on Bougouni Lithium Project in Southern Mali

Kodal Minerals Provides Update on the Recent Activities at the Fatou Gold Project Drilling for Gold Mineralisation and the Ongoing Activity at the Bougouni Lithium Project

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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