Sigma Lithium Balance Sheet Health
Financial Health criteria checks 2/6
Sigma Lithium has a total shareholder equity of CA$147.9M and total debt of CA$244.8M, which brings its debt-to-equity ratio to 165.6%. Its total assets and total liabilities are CA$498.4M and CA$350.6M respectively.
Key information
165.6%
Debt to equity ratio
CA$244.85m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$88.65m |
| Equity | CA$147.89m |
| Total liabilities | CA$350.56m |
| Total assets | CA$498.45m |
Recent financial health updates
Sigma Lithium (NASDAQ:SGML) Takes On Some Risk With Its Use Of Debt
Sep 30
Does Sigma Lithium (NASDAQ:SGML) Have A Healthy Balance Sheet?
May 03We Think Sigma Lithium (NASDAQ:SGML) Has A Fair Chunk Of Debt
Dec 07Is Sigma Lithium (NASDAQ:SGML) A Risky Investment?
Aug 23We're Not Very Worried About Sigma Lithium's (NASDAQ:SGML) Cash Burn Rate
Jun 14Will Sigma Lithium (NASDAQ:SGML) Spend Its Cash Wisely?
Nov 30Recent updates
Investors Will Want Sigma Lithium's (NASDAQ:SGML) Growth In ROCE To Persist
Nov 11Sigma Lithium (NASDAQ:SGML) Takes On Some Risk With Its Use Of Debt
Sep 30Sigma Lithium: Things Are Slowly Improving
Aug 18Sigma Lithium Corporation: Reevaluating The Company's Production Before Potential Sale
Jun 17Sigma Lithium (NASDAQ:SGML) Is Experiencing Growth In Returns On Capital
May 31Does Sigma Lithium (NASDAQ:SGML) Have A Healthy Balance Sheet?
May 03Need To Know: Analysts Are Much More Bullish On Sigma Lithium Corporation (NASDAQ:SGML) Revenues
Feb 14Is Sigma Lithium Corporation (NASDAQ:SGML) Trading At A 34% Discount?
Jan 24We Think Sigma Lithium (NASDAQ:SGML) Has A Fair Chunk Of Debt
Dec 07Estimating The Intrinsic Value Of Sigma Lithium Corporation (NASDAQ:SGML)
Oct 16Is Sigma Lithium (NASDAQ:SGML) A Risky Investment?
Aug 23We're Not Very Worried About Sigma Lithium's (NASDAQ:SGML) Cash Burn Rate
Jun 14Estimating The Intrinsic Value Of Sigma Lithium Corporation (NASDAQ:SGML)
May 17Is There An Opportunity With Sigma Lithium Corporation's (NASDAQ:SGML) 42% Undervaluation?
Jan 24Will Sigma Lithium (NASDAQ:SGML) Spend Its Cash Wisely?
Nov 30Why Sigma Lithium Stock Soared (Likely Tesla's Refining Interest)
Sep 15Sigma Lithium: Superior Project Economics, Buy On A Dip
Sep 08Sigma Lithium: New Phase 3 Could Bring Stock Demand
Aug 19Sigma Lithium (NASDAQ:SGML) Is In A Good Position To Deliver On Growth Plans
Jul 21Sigma Lithium: Outsized Risk/Return Based On Near-Term Production
Jul 21Sigma Lithium: A Pre-Production Miner About To Begin Production
May 31Sigma Lithium (NASDAQ:SGML) Is In A Good Position To Deliver On Growth Plans
Apr 15Sigma Lithium: Recent Growth Is Just The Beginning
Mar 18Financial Position Analysis
Short Term Liabilities: SGML's short term assets (CA$156.0M) do not cover its short term liabilities (CA$185.3M).
Long Term Liabilities: SGML's short term assets (CA$156.0M) do not cover its long term liabilities (CA$165.3M).
Debt to Equity History and Analysis
Debt Level: SGML's net debt to equity ratio (105.6%) is considered high.
Reducing Debt: SGML's debt to equity ratio has increased from 38.8% to 165.6% 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: Whilst unprofitable SGML has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SGML is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 42.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 20:36 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sigma Lithium Corporation is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Joel Jackson | BMO Capital Markets Equity Research |
| Stephen V. Byrne | BofA Global Research |