E3 Lithium Balance Sheet Health
Financial Health criteria checks 6/6
E3 Lithium has a total shareholder equity of CA$54.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$56.0M and CA$1.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$24.74m |
| Equity | CA$54.31m |
| Total liabilities | CA$1.69m |
| Total assets | CA$55.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OW3's short term assets (CA$27.1M) exceed its short term liabilities (CA$857.0K).
Long Term Liabilities: OW3's short term assets (CA$27.1M) exceed its long term liabilities (CA$829.0K).
Debt to Equity History and Analysis
Debt Level: OW3 is debt free.
Reducing Debt: OW3 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: OW3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OW3 has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 45.9% each year.