Sigma Lithium Corporation

NasdaqCM:SGML Stock Report

Market Cap: US$1.2b

Sigma Lithium Balance Sheet Health

Financial Health criteria checks 2/6

Sigma Lithium has a total shareholder equity of CA$177.7M and total debt of CA$300.4M, which brings its debt-to-equity ratio to 169%. Its total assets and total liabilities are CA$566.6M and CA$388.9M respectively. Sigma Lithium's EBIT is CA$65.2M making its interest coverage ratio 2.9. It has cash and short-term investments of CA$103.1M.

Key information

169.0%

Debt to equity ratio

CA$300.40m

Debt

Interest coverage ratio2.9x
CashCA$103.09m
EquityCA$177.73m
Total liabilitiesCA$388.91m
Total assetsCA$566.64m

Recent financial health updates

Recent updates

Sigma Lithium: Things Are Slowly Improving

Aug 18

Sigma Lithium Corporation: Reevaluating The Company's Production Before Potential Sale

Jun 17

Sigma Lithium (NASDAQ:SGML) Is Experiencing Growth In Returns On Capital

May 31
Sigma Lithium (NASDAQ:SGML) Is Experiencing Growth In Returns On Capital

Does Sigma Lithium (NASDAQ:SGML) Have A Healthy Balance Sheet?

May 03
Does Sigma Lithium (NASDAQ:SGML) Have A Healthy Balance Sheet?

Need To Know: Analysts Are Much More Bullish On Sigma Lithium Corporation (NASDAQ:SGML) Revenues

Feb 14
Need To Know: Analysts Are Much More Bullish On Sigma Lithium Corporation (NASDAQ:SGML) Revenues

Is Sigma Lithium Corporation (NASDAQ:SGML) Trading At A 34% Discount?

Jan 24
Is Sigma Lithium Corporation (NASDAQ:SGML) Trading At A 34% Discount?

We Think Sigma Lithium (NASDAQ:SGML) Has A Fair Chunk Of Debt

Dec 07
We Think Sigma Lithium (NASDAQ:SGML) Has A Fair Chunk Of Debt

Estimating The Intrinsic Value Of Sigma Lithium Corporation (NASDAQ:SGML)

Oct 16
Estimating The Intrinsic Value Of Sigma Lithium Corporation (NASDAQ:SGML)

Is Sigma Lithium (NASDAQ:SGML) A Risky Investment?

Aug 23
Is Sigma Lithium (NASDAQ:SGML) A Risky Investment?

We're Not Very Worried About Sigma Lithium's (NASDAQ:SGML) Cash Burn Rate

Jun 14
We're Not Very Worried About Sigma Lithium's (NASDAQ:SGML) Cash Burn Rate

Estimating The Intrinsic Value Of Sigma Lithium Corporation (NASDAQ:SGML)

May 17
Estimating The Intrinsic Value Of Sigma Lithium Corporation (NASDAQ:SGML)

Is There An Opportunity With Sigma Lithium Corporation's (NASDAQ:SGML) 42% Undervaluation?

Jan 24
Is There An Opportunity With Sigma Lithium Corporation's (NASDAQ:SGML) 42% Undervaluation?

Will Sigma Lithium (NASDAQ:SGML) Spend Its Cash Wisely?

Nov 30
Will Sigma Lithium (NASDAQ:SGML) Spend Its Cash Wisely?

Why Sigma Lithium Stock Soared (Likely Tesla's Refining Interest)

Sep 15

Sigma Lithium: Superior Project Economics, Buy On A Dip

Sep 08

Sigma Lithium: New Phase 3 Could Bring Stock Demand

Aug 19

Sigma Lithium (NASDAQ:SGML) Is In A Good Position To Deliver On Growth Plans

Jul 21
Sigma Lithium (NASDAQ:SGML) Is In A Good Position To Deliver On Growth Plans

Sigma Lithium: Outsized Risk/Return Based On Near-Term Production

Jul 21

Sigma Lithium: A Pre-Production Miner About To Begin Production

May 31

Sigma Lithium (NASDAQ:SGML) Is In A Good Position To Deliver On Growth Plans

Apr 15
Sigma Lithium (NASDAQ:SGML) Is In A Good Position To Deliver On Growth Plans

Sigma Lithium: Recent Growth Is Just The Beginning

Mar 18

Financial Position Analysis

Short Term Liabilities: SGML's short term assets (CA$232.8M) exceed its short term liabilities (CA$222.5M).

Long Term Liabilities: SGML's short term assets (CA$232.8M) exceed its long term liabilities (CA$166.4M).


Debt to Equity History and Analysis

Debt Level: SGML's net debt to equity ratio (111%) is considered high.

Reducing Debt: SGML's debt to equity ratio has increased from 38.3% to 169% over the past 5 years.

Debt Coverage: SGML's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SGML's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


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