Atlantic Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Atlantic Lithium has a total shareholder equity of A$35.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$41.2M and A$5.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$12.68m |
| Equity | AU$35.45m |
| Total liabilities | AU$5.74m |
| Total assets | AU$41.19m |
Financial Position Analysis
Short Term Liabilities: ALL's short term assets (A$15.8M) exceed its short term liabilities (A$4.4M).
Long Term Liabilities: ALL's short term assets (A$15.8M) exceed its long term liabilities (A$1.3M).
Debt to Equity History and Analysis
Debt Level: ALL is debt free.
Reducing Debt: ALL 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: ALL has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ALL has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 21.8% each year.