Lithium Balance Sheet Health
Financial Health criteria checks 6/6
Lithium has a total shareholder equity of $1.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.0M and $2.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$4.00m |
Equity | US$1.82m |
Total liabilities | US$2.23m |
Total assets | US$4.04m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTUM's short term assets ($4.0M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: LTUM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LTUM is debt free.
Reducing Debt: LTUM 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: LTUM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LTUM has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6.8% each year