Galan Lithium Balance Sheet Health
Financial Health criteria checks 5/6
Galan Lithium has a total shareholder equity of A$159.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$174.3M and A$14.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.33m |
| Equity | AU$159.84m |
| Total liabilities | AU$14.42m |
| Total assets | AU$174.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9CH's short term assets (A$4.5M) do not cover its short term liabilities (A$10.5M).
Long Term Liabilities: 9CH's short term assets (A$4.5M) exceed its long term liabilities (A$3.9M).
Debt to Equity History and Analysis
Debt Level: 9CH is debt free.
Reducing Debt: 9CH 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: 9CH has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 9CH is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.