Lanebury Growth Capital Balance Sheet Health
Financial Health criteria checks 1/6
Lanebury Growth Capital has a total shareholder equity of CA$1.7M and total debt of CA$5.6M, which brings its debt-to-equity ratio to 325.7%. Its total assets and total liabilities are CA$7.4M and CA$5.7M respectively.
Key information
325.7%
Debt to equity ratio
CA$5.58m
Debt
Interest coverage ratio | n/a |
Cash | CA$56.72k |
Equity | CA$1.71m |
Total liabilities | CA$5.66m |
Total assets | CA$7.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LLL's short term assets (CA$56.7K) do not cover its short term liabilities (CA$5.6M).
Long Term Liabilities: LLL's short term assets (CA$56.7K) exceed its long term liabilities (CA$29.5K).
Debt to Equity History and Analysis
Debt Level: LLL's net debt to equity ratio (322.4%) is considered high.
Reducing Debt: LLL's debt to equity ratio has increased from 0% to 325.7% 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: LLL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LLL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.4% each year