Lifestyle Communities Balance Sheet Health
Financial Health criteria checks 3/6
Lifestyle Communities has a total shareholder equity of A$831.8M and total debt of A$324.0M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are A$1.5B and A$679.9M respectively. Lifestyle Communities's EBIT is A$23.2M making its interest coverage ratio 6.7. It has cash and short-term investments of A$4.1M.
Key information
39.0%
Debt to equity ratio
AU$324.00m
Debt
| Interest coverage ratio | 6.7x |
| Cash | AU$4.10m |
| Equity | AU$831.76m |
| Total liabilities | AU$679.88m |
| Total assets | AU$1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIC's short term assets (A$148.7M) do not cover its short term liabilities (A$160.7M).
Long Term Liabilities: LIC's short term assets (A$148.7M) do not cover its long term liabilities (A$519.2M).
Debt to Equity History and Analysis
Debt Level: LIC's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: LIC's debt to equity ratio has reduced from 39.3% to 39% 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 (6.7x coverage).