Grounded Lithium Balance Sheet Health
Financial Health criteria checks 4/6
Grounded Lithium has a total shareholder equity of CA$2.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.9M and CA$498.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$552.32k |
Equity | CA$2.38m |
Total liabilities | CA$498.39k |
Total assets | CA$2.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRDA.F's short term assets (CA$749.8K) exceed its short term liabilities (CA$446.6K).
Long Term Liabilities: GRDA.F's short term assets (CA$749.8K) exceed its long term liabilities (CA$51.8K).
Debt to Equity History and Analysis
Debt Level: GRDA.F is debt free.
Reducing Debt: GRDA.F 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: GRDA.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GRDA.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.8% each year