E3 Lithium Balance Sheet Health
Financial Health criteria checks 6/6
E3 Lithium has a total shareholder equity of CA$58.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$62.7M and CA$4.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$35.88m |
Equity | CA$58.27m |
Total liabilities | CA$4.38m |
Total assets | CA$62.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EEMM.F's short term assets (CA$41.2M) exceed its short term liabilities (CA$3.4M).
Long Term Liabilities: EEMM.F's short term assets (CA$41.2M) exceed its long term liabilities (CA$945.0K).
Debt to Equity History and Analysis
Debt Level: EEMM.F is debt free.
Reducing Debt: EEMM.F has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
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: EEMM.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EEMM.F has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 48.6% each year.