LaserBond Balance Sheet Health
Financial Health criteria checks 6/6
LaserBond has a total shareholder equity of A$38.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$60.7M and A$22.2M respectively. LaserBond's EBIT is A$5.3M making its interest coverage ratio 6.1. It has cash and short-term investments of A$5.8M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 6.1x |
Cash | AU$5.76m |
Equity | AU$38.44m |
Total liabilities | AU$22.23m |
Total assets | AU$60.67m |
Recent financial health updates
No updates
Recent updates
Investors Could Be Concerned With LaserBond's (ASX:LBL) Returns On Capital
Sep 30Calculating The Fair Value Of LaserBond Limited (ASX:LBL)
Jun 07Investors Met With Slowing Returns on Capital At LaserBond (ASX:LBL)
Aug 28We Take A Look At Why LaserBond Limited's (ASX:LBL) CEO Has Earned Their Pay Packet
Oct 29An Intrinsic Calculation For LaserBond Limited (ASX:LBL) Suggests It's 37% Undervalued
Oct 26The Return Trends At LaserBond (ASX:LBL) Look Promising
Sep 24Returns At LaserBond (ASX:LBL) Are On The Way Up
May 30What Can The Trends At LaserBond (ASX:LBL) Tell Us About Their Returns?
Feb 09A Look At LaserBond's (ASX:LBL) CEO Remuneration
Jan 25Could The Market Be Wrong About LaserBond Limited (ASX:LBL) Given Its Attractive Financial Prospects?
Jan 10Is There An Opportunity With LaserBond Limited's (ASX:LBL) 41% Undervaluation?
Dec 24How Much Are LaserBond Limited (ASX:LBL) Insiders Taking Off The Table?
Dec 06LaserBond (ASX:LBL) Has Rewarded Shareholders With An Exceptional 792% Total Return On Their Investment
Nov 17Financial Position Analysis
Short Term Liabilities: LBL's short term assets (A$22.2M) exceed its short term liabilities (A$8.8M).
Long Term Liabilities: LBL's short term assets (A$22.2M) exceed its long term liabilities (A$13.4M).
Debt to Equity History and Analysis
Debt Level: LBL is debt free.
Reducing Debt: LBL had no debt 5 years ago.
Debt Coverage: LBL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LBL has no debt, therefore coverage of interest payments is not a concern.