London City Equities Balance Sheet Health
Financial Health criteria checks 5/6
London City Equities has a total shareholder equity of A$18.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.8M and A$3.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$905.47k |
| Equity | AU$18.42m |
| Total liabilities | AU$3.41m |
| Total assets | AU$21.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LCE's short term assets (A$943.6K) exceed its short term liabilities (A$77.7K).
Long Term Liabilities: LCE's short term assets (A$943.6K) do not cover its long term liabilities (A$3.3M).
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.