Lithos Group Balance Sheet Health
Financial Health criteria checks 2/6
Lithos Group has a total shareholder equity of CA$21.8M and total debt of CA$818.7K, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CA$24.4M and CA$2.6M respectively.
Key information
3.8%
Debt to equity ratio
CA$818.68k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$240.50k |
| Equity | CA$21.78m |
| Total liabilities | CA$2.64m |
| Total assets | CA$24.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V1R's short term assets (CA$485.6K) do not cover its short term liabilities (CA$2.6M).
Long Term Liabilities: V1R has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: V1R's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: V1R's debt to equity ratio has increased from 0% to 3.8% over the 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: V1R has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: V1R has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.7% each year