Lantronix Balance Sheet Health
Financial Health criteria checks 5/6
Lantronix has a total shareholder equity of $78.1M and total debt of $17.0M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are $147.4M and $69.3M respectively.
Key information
21.7%
Debt to equity ratio
US$16.97m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.64m |
| Equity | US$78.09m |
| Total liabilities | US$69.31m |
| Total assets | US$147.39m |
Recent financial health updates
Lantronix (NASDAQ:LTRX) Has Debt But No Earnings; Should You Worry?
May 01
Is Lantronix (NASDAQ:LTRX) Weighed On By Its Debt Load?
Nov 10Is Lantronix (NASDAQ:LTRX) A Risky Investment?
Jan 31Is Lantronix (NASDAQ:LTRX) Using Too Much Debt?
Sep 23Health Check: How Prudently Does Lantronix (NASDAQ:LTRX) Use Debt?
Apr 23Recent updates
Market Might Still Lack Some Conviction On Lantronix, Inc. (NASDAQ:LTRX) Even After 25% Share Price Boost
May 21Lantronix (NASDAQ:LTRX) Has Debt But No Earnings; Should You Worry?
May 01Investors Give Lantronix, Inc. (NASDAQ:LTRX) Shares A 36% Hiding
Feb 10Is Lantronix (NASDAQ:LTRX) Weighed On By Its Debt Load?
Nov 10A Piece Of The Puzzle Missing From Lantronix, Inc.'s (NASDAQ:LTRX) Share Price
Sep 09Is Lantronix (NASDAQ:LTRX) A Risky Investment?
Jan 31Why We Think Lantronix, Inc.'s (NASDAQ:LTRX) CEO Compensation Is Not Excessive At All
Nov 03Is Lantronix (NASDAQ:LTRX) Using Too Much Debt?
Sep 23Lantronix acquires Uplogix for $8M
Sep 12Lantronix Q4 2022 Earnings Preview
Aug 24Lantronix Q4 2022 Earnings Preview
Aug 17Lantronix: Breakdown Of My Second Largest Holding
Aug 10Health Check: How Prudently Does Lantronix (NASDAQ:LTRX) Use Debt?
Apr 23Financial Position Analysis
Short Term Liabilities: LTRX's short term assets ($97.9M) exceed its short term liabilities ($43.6M).
Long Term Liabilities: LTRX's short term assets ($97.9M) exceed its long term liabilities ($25.7M).
Debt to Equity History and Analysis
Debt Level: LTRX has more cash than its total debt.
Reducing Debt: LTRX's debt to equity ratio has increased from 0% to 21.7% over the 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: Whilst unprofitable LTRX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LTRX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.1% per year.