Lions Bay Capital Balance Sheet Health
Financial Health criteria checks 6/6
Lions Bay Capital has a total shareholder equity of CA$4.3M and total debt of CA$353.1K, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are CA$5.7M and CA$1.4M respectively.
Key information
8.2%
Debt to equity ratio
CA$353.11k
Debt
Interest coverage ratio | n/a |
Cash | CA$4.60m |
Equity | CA$4.32m |
Total liabilities | CA$1.38m |
Total assets | CA$5.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LBI's short term assets (CA$4.7M) exceed its short term liabilities (CA$1.3M).
Long Term Liabilities: LBI's short term assets (CA$4.7M) exceed its long term liabilities (CA$78.8K).
Debt to Equity History and Analysis
Debt Level: LBI has more cash than its total debt.
Reducing Debt: LBI's debt to equity ratio has reduced from 21.2% to 8.2% 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 LBI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LBI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.2% per year.