Letho Resources Balance Sheet Health
Financial Health criteria checks 0/6
Letho Resources has a total shareholder equity of CA$-1.4M and total debt of CA$1.6M, which brings its debt-to-equity ratio to -115.4%. Its total assets and total liabilities are CA$438.2K and CA$1.8M respectively.
Key information
-115.4%
Debt to equity ratio
CA$1.57m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.00k |
| Equity | -CA$1.36m |
| Total liabilities | CA$1.80m |
| Total assets | CA$438.18k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LET.H has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LET.H has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LET.H has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LET.H's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LET.H's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LET.H's interest payments on its debt are well covered by EBIT.