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
Financial 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.