RecycLiCo Battery Materials Balance Sheet Health
Financial Health criteria checks 6/6
RecycLiCo Battery Materials has a total shareholder equity of CA$18.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$18.6M and CA$7.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$18.32m |
| Equity | CA$18.55m |
| Total liabilities | CA$7.40k |
| Total assets | CA$18.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ID4's short term assets (CA$18.5M) exceed its short term liabilities (CA$7.4K).
Long Term Liabilities: ID4 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ID4 is debt free.
Reducing Debt: ID4 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: ID4 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ID4 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 19.5% each year