London City Equities Balance Sheet Health
Financial Health criteria checks 4/6
London City Equities has a total shareholder equity of A$21.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$26.6M and A$5.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$19.76k |
| Equity | AU$21.44m |
| Total liabilities | AU$5.18m |
| Total assets | AU$26.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LCE's short term assets (A$107.7K) do not cover its short term liabilities (A$699.3K).
Long Term Liabilities: LCE's short term assets (A$107.7K) do not cover its long term liabilities (A$4.5M).
Debt to Equity History and Analysis
Debt Level: LCE is debt free.
Reducing Debt: LCE has not had any debt for past 5 years.
Debt Coverage: LCE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LCE has no debt, therefore coverage of interest payments is not a concern.