Sigma Lithium Balance Sheet Health
Financial Health criteria checks 1/6
Sigma Lithium has a total shareholder equity of CA$214.3M and total debt of CA$170.9M, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are CA$487.2M and CA$273.0M respectively.
Key information
79.8%
Debt to equity ratio
CA$170.91m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$64.40m |
| Equity | CA$214.28m |
| Total liabilities | CA$272.95m |
| Total assets | CA$487.24m |
Recent financial health updates
Does Sigma Lithium (NASDAQ:SGML) Have A Healthy Balance Sheet?
May 03
We 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 30Sigma Lithium (NASDAQ:SGML) Is In A Good Position To Deliver On Growth Plans
Jul 21Recent updates
Does 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$142.7M) exceed its short term liabilities (CA$122.4M).
Long Term Liabilities: SGML's short term assets (CA$142.7M) do not cover its long term liabilities (CA$150.6M).
Debt to Equity History and Analysis
Debt Level: SGML's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: SGML's debt to equity ratio has increased from 44.3% to 79.8% 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: SGML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SGML has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.