SGMLSigma Lithium Corporation
Is it safe?
Caution warranted: heavy debt (BB) and big price swings.
Moderately leveraged. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -90% · now 61% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can SGML take a bad year?
The deepest fall in SGML's price history on file is −90%; it is 61% below its high today.
Net debt · as at FY2024 · debt less the cash on hand
- Cash runway
- 1.4 years
Cash runway · burning $12M a quarter at the current rate
- Annualised volatility
- 100%
Annualised volatility · three times the market's own swing
- Worst drawdown on file
- −90%
Worst drawdown on file · −61% today
Details›
- Total debtFY2024
- $250M
- Cash and short-term investments
- $66M
- Net debt
- $184M
- Debt / equity
- 1.88×
- Annualised volatilitytwo years of daily moves
- 100%
- Worst drawdown on file
- −90%
- Below its 52-week high
- 61%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Other Industrial Metals & Mining
Ranks #19 of 24 by RyuScore