Lumos Diagnostics Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Lumos Diagnostics Holdings has a total shareholder equity of $7.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $26.8M and $19.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.48m |
| Equity | US$7.11m |
| Total liabilities | US$19.73m |
| Total assets | US$26.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LDX's short term assets ($9.6M) do not cover its short term liabilities ($12.6M).
Long Term Liabilities: LDX's short term assets ($9.6M) exceed its long term liabilities ($7.1M).
Debt to Equity History and Analysis
Debt Level: LDX is debt free.
Reducing Debt: LDX has no debt compared to 5 years ago when its debt to equity ratio was 89.4%.
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 LDX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LDX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.3% per year.