Lifestyle Communities Balance Sheet Health
Financial Health criteria checks 2/6
Lifestyle Communities has a total shareholder equity of A$537.2M and total debt of A$492.0M, which brings its debt-to-equity ratio to 91.6%. Its total assets and total liabilities are A$1.4B and A$903.5M respectively. Lifestyle Communities's EBIT is A$29.6M making its interest coverage ratio 8.6. It has cash and short-term investments of A$1.8M.
Key information
91.6%
Debt to equity ratio
AU$492.00m
Debt
| Interest coverage ratio | 8.6x |
| Cash | AU$1.84m |
| Equity | AU$537.25m |
| Total liabilities | AU$903.45m |
| Total assets | AU$1.44b |
Recent financial health updates
We Think Lifestyle Communities (ASX:LIC) Is Taking Some Risk With Its Debt
Oct 12
Does Lifestyle Communities (ASX:LIC) Have A Healthy Balance Sheet?
Mar 01Lifestyle Communities (ASX:LIC) Has A Pretty Healthy Balance Sheet
Sep 02Is Lifestyle Communities (ASX:LIC) A Risky Investment?
May 04Recent updates
Lifestyle Communities Limited (ASX:LIC) Analysts Are Reducing Their Forecasts For This Year
Apr 28Is Now An Opportune Moment To Examine Lifestyle Communities Limited (ASX:LIC)?
Jan 05We Think Lifestyle Communities (ASX:LIC) Is Taking Some Risk With Its Debt
Oct 12Lifestyle Communities Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 17What Is Lifestyle Communities Limited's (ASX:LIC) Share Price Doing?
Jun 29Should You Think About Buying Lifestyle Communities Limited (ASX:LIC) Now?
Mar 21Does Lifestyle Communities (ASX:LIC) Have A Healthy Balance Sheet?
Mar 01Is It Too Late To Consider Buying Lifestyle Communities Limited (ASX:LIC)?
Sep 19Lifestyle Communities (ASX:LIC) Has A Pretty Healthy Balance Sheet
Sep 02Here's Why We Think Lifestyle Communities (ASX:LIC) Might Deserve Your Attention Today
Jul 09Why Lifestyle Communities Limited (ASX:LIC) Could Be Worth Watching
Jun 09Is Lifestyle Communities (ASX:LIC) A Risky Investment?
May 04With EPS Growth And More, Lifestyle Communities (ASX:LIC) Is Interesting
Mar 10Financial Position Analysis
Short Term Liabilities: LIC's short term assets (A$182.1M) exceed its short term liabilities (A$153.8M).
Long Term Liabilities: LIC's short term assets (A$182.1M) do not cover its long term liabilities (A$749.6M).
Debt to Equity History and Analysis
Debt Level: LIC's net debt to equity ratio (91.2%) is considered high.
Reducing Debt: LIC's debt to equity ratio has increased from 31.3% to 91.6% over the past 5 years.
Debt Coverage: LIC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LIC's interest payments on its debt are well covered by EBIT (8.6x coverage).