Nevada Lithium Resources Balance Sheet Health
Financial Health criteria checks 3/6
Nevada Lithium Resources has a total shareholder equity of CA$39.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$40.9M and CA$1.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$357.74k |
| Equity | CA$39.44m |
| Total liabilities | CA$1.50m |
| Total assets | CA$40.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NVLH.F's short term assets (CA$796.9K) do not cover its short term liabilities (CA$1.5M).
Long Term Liabilities: NVLH.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NVLH.F is debt free.
Reducing Debt: NVLH.F had no debt 5 years ago.
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: NVLH.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NVLH.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.7% each year