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TelegramPiedmont Lithium Limited Balance Sheet 2021-2011 | PLL
Brief overview of Piedmont Lithium Limited's financial position
Balance sheet changes are traced across five available annual reports between 2016 and 2020.
The asset base grew from $1.4 million to $27.7 million, or +1,826.8%. Average annual growth of roughly 109.5% was strong.
Asset growth of +1,826.8% came with a +7,562.6% rise in liabilities. Financial leverage became more prominent.
Equity accounts for 86.9% of assets. Against the initial 96.4%, the capital position looks resilient.
Negative net debt of -$16.5 million means cash holdings are larger than debt obligations.
The cash share moved from 96.2% to 68.2%. A higher figure generally provides more room in an adverse scenario.
The balance sheet includes a negative accumulated result of -$51.4 million. It should be assessed alongside historical profits and capital distributions.
Balance sheet takeaway
Piedmont Lithium Limited's financial position is more positive than negative: the funding mix is workable, although the cushion is not unlimited.
Annual Balance Sheet Piedmont Lithium Limited
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
- | -16.5 M | -4.43 M | -7.24 M | -3.53 M | -1.39 M | -1.77 M | -3.38 M | -6.04 M | -9.02 M | -11.1 M |
Long Term Debt |
- | 1.74 M | - | - | - | - | - | - | - | - | - |
Long Term Debt Current |
- | 128 K | - | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | 1.91 M | - | - | - | - | - | - | - | - | - |
Total Liabilities |
- | 3.62 M | 2.14 M | 1.99 M | 483 K | 47.3 K | 43.1 K | 306 K | 299 K | 194 K | 277 K |
Retained Earnings |
- | -51.4 M | -46.2 M | -36.4 M | -24.7 M | -21.4 M | -21.6 M | -25.5 M | -22 M | -21.9 M | -21.7 M |
Total Assets |
- | 27.7 M | 6.78 M | 8.06 M | 3.75 M | 1.44 M | 1.84 M | 3.56 M | 6.19 M | 9.42 M | 12 M |
Cash and Cash Equivalents |
- | 18.9 M | 4.43 M | 7.24 M | 3.54 M | 1.38 M | - | - | - | - | - |
Book Value |
- | 24 M | 4.64 M | 6.07 M | 3.27 M | 1.39 M | 1.8 M | 3.25 M | 5.89 M | 9.23 M | 11.7 M |
Total Shareholders Equity |
- | 24 M | 4.64 M | 6.07 M | 3.27 M | 1.38 M | - | - | - | - | - |
All numbers in USD currency
Quarterly Balance Sheet Piedmont Lithium Limited
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
- | - | - | - | - | - | - | - | 68.6 K | - | 140 K | 175 K | 127 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | - | - | - | - | - | - | - | 1.77 M | - | 1.91 M | 1.67 M | 739 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
- | - | - | - | - | - | - | - | 5.71 M | - | 3.62 M | 3.14 M | 1.62 M | - | 2.14 M | - | - | - | 1.99 M | - | - | - | 483 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings |
- | - | - | - | - | - | - | - | -56.6 M | - | -51.4 M | -50.1 M | -49.4 M | - | -46.2 M | - | - | - | -36.4 M | - | - | - | -26.4 M | - | - | - | -23.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
- | - | - | - | - | - | - | - | 85.6 M | - | 27.7 M | 16.6 M | 16.7 M | - | 6.78 M | - | - | - | 8.06 M | - | - | - | 3.75 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
- | - | - | - | - | - | - | - | 70.9 M | - | 18.9 M | 8.95 M | 11.4 M | - | 4.43 M | 7.13 M | 9.58 M | - | 7.24 M | - | - | - | 3.54 M | - | - | - | 1.38 M | - | - | - | 1.76 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Book Value |
- | - | - | - | - | - | - | - | 79.9 M | - | 24 M | 13.5 M | 15.1 M | - | 4.64 M | - | - | - | 6.07 M | - | - | - | 3.27 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
- | - | - | - | - | - | - | - | 79.9 M | - | 24 M | 13.5 M | 15.1 M | - | 4.64 M | 7.35 M | 10.2 M | - | 6.07 M | - | - | - | 3.27 M | - | - | - | 1.38 M | - | - | - | 1.79 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Piedmont Lithium Limited, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
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