Lumen Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Lumen Technologies has a total shareholder equity of $342.0M and total debt of $18.3B, which brings its debt-to-equity ratio to 5349.1%. Its total assets and total liabilities are $34.0B and $33.6B respectively. Lumen Technologies's EBIT is $369.0M making its interest coverage ratio 0.3. It has cash and short-term investments of $2.6B.
Key information
5,349.1%
Debt to equity ratio
US$18.29b
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$2.64b |
| Equity | US$342.00m |
| Total liabilities | US$33.65b |
| Total assets | US$33.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L1MN34's short term assets ($4.7B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: L1MN34's short term assets ($4.7B) do not cover its long term liabilities ($29.7B).
Debt to Equity History and Analysis
Debt Level: L1MN34's net debt to equity ratio (4577.2%) is considered high.
Reducing Debt: L1MN34's debt to equity ratio has increased from 255.3% to 5349.1% over the past 5 years.
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 L1MN34 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: L1MN34 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 26.9% per year.