Piedmont Lithium Balance Sheet Health
Financial Health criteria checks 4/6
Piedmont Lithium has a total shareholder equity of $299.6M and total debt of $4.3M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are $339.6M and $40.0M respectively.
Key information
1.4%
Debt to equity ratio
US$4.31m
Debt
| Interest coverage ratio | n/a |
| Cash | US$67.24m |
| Equity | US$299.63m |
| Total liabilities | US$40.02m |
| Total assets | US$339.64m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PLL's short term assets ($83.7M) exceed its short term liabilities ($36.0M).
Long Term Liabilities: PLL's short term assets ($83.7M) exceed its long term liabilities ($4.0M).
Debt to Equity History and Analysis
Debt Level: PLL has more cash than its total debt.
Reducing Debt: PLL's debt to equity ratio has increased from 0% to 1.4% 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: PLL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PLL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32% each year