Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Lithium has a total shareholder equity of $1.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.3M and $2.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.27m |
| Equity | US$1.06m |
| Total liabilities | US$2.23m |
| Total assets | US$3.29m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JVB's short term assets ($3.3M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: 0JVB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 0JVB is debt free.
Reducing Debt: 0JVB 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: 0JVB has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 0JVB has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 14.3% each year