Lifezone Metals Balance Sheet Health
Financial Health criteria checks 6/6
Lifezone Metals has a total shareholder equity of $128.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $142.3M and $13.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$49.39m |
Equity | US$128.31m |
Total liabilities | US$13.95m |
Total assets | US$142.26m |
Financial Position Analysis
Short Term Liabilities: LZM's short term assets ($54.8M) exceed its short term liabilities ($12.8M).
Long Term Liabilities: LZM's short term assets ($54.8M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: LZM is debt free.
Reducing Debt: LZM 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: LZM has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LZM has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 69% each year.