Litium Balance Sheet Health
Financial Health criteria checks 5/6
Litium has a total shareholder equity of SEK84.2M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK102.4M and SEK18.2M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 10.46m |
| Equity | SEK 84.22m |
| Total liabilities | SEK 18.16m |
| Total assets | SEK 102.38m |
Recent financial health updates
Recent updates
Is There Now An Opportunity In Litium AB (publ) (STO:LITI)?
Apr 10
We're Not Very Worried About Litium's (STO:LITI) Cash Burn Rate
May 13Is Now The Time To Look At Buying Litium AB (publ) (STO:LITI)?
May 03Breakeven On The Horizon For Litium AB (publ) (STO:LITI)
Mar 18Shareholders Are Thrilled That The Litium (NGM:LITI) Share Price Increased 237%
Dec 02Financial Position Analysis
Short Term Liabilities: LITI's short term assets (SEK24.2M) exceed its short term liabilities (SEK18.2M).
Long Term Liabilities: LITI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LITI is debt free.
Reducing Debt: LITI has no debt compared to 5 years ago when its debt to equity ratio was 4.8%.
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: LITI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LITI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.