Lake Resources Balance Sheet Health
Financial Health criteria checks 6/6
Lake Resources has a total shareholder equity of A$142.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$161.4M and A$18.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$31.31m |
Equity | AU$142.78m |
Total liabilities | AU$18.66m |
Total assets | AU$161.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LLKK.F's short term assets (A$37.6M) exceed its short term liabilities (A$16.7M).
Long Term Liabilities: LLKK.F's short term assets (A$37.6M) exceed its long term liabilities (A$2.0M).
Debt to Equity History and Analysis
Debt Level: LLKK.F is debt free.
Reducing Debt: LLKK.F has no debt compared to 5 years ago when its debt to equity ratio was 14.5%.
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: LLKK.F has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LLKK.F is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.