Largo Balance Sheet Health
Financial Health criteria checks 3/6
Largo has a total shareholder equity of $199.9M and total debt of $93.7M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are $343.7M and $143.8M respectively.
Key information
46.9%
Debt to equity ratio
US$93.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.45m |
| Equity | US$199.87m |
| Total liabilities | US$143.83m |
| Total assets | US$343.70m |
Recent financial health updates
Here's Why Largo (TSE:LGO) Can Afford Some Debt
May 07
Largo (TSE:LGO) Is Carrying A Fair Bit Of Debt
Aug 11Here's Why Largo (TSE:LGO) Has A Meaningful Debt Burden
Apr 27Largo (TSE:LGO) Has A Somewhat Strained Balance Sheet
Jan 07We Think Largo (TSE:LGO) Can Stay On Top Of Its Debt
Jul 31Is Largo (TSE:LGO) A Risky Investment?
Apr 07Recent updates
Largo Inc.'s (TSE:LGO) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Oct 29Largo Inc. (TSE:LGO) Looks Inexpensive But Perhaps Not Attractive Enough
Sep 10Time To Worry? Analysts Just Downgraded Their Largo Inc. (TSE:LGO) Outlook
Aug 14Largo Inc.'s (TSE:LGO) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
May 23Here's Why Largo (TSE:LGO) Can Afford Some Debt
May 07Investors Aren't Buying Largo Inc.'s (TSE:LGO) Revenues
Mar 26Largo (TSE:LGO) Is Carrying A Fair Bit Of Debt
Aug 11Capital Allocation Trends At Largo (TSE:LGO) Aren't Ideal
May 18Here's Why Largo (TSE:LGO) Has A Meaningful Debt Burden
Apr 27Largo (TSE:LGO) Has A Somewhat Strained Balance Sheet
Jan 07Investors Will Want Largo's (TSE:LGO) Growth In ROCE To Persist
Oct 13We Think Largo (TSE:LGO) Can Stay On Top Of Its Debt
Jul 31The Return Trends At Largo (TSE:LGO) Look Promising
Jun 14Is Largo (TSE:LGO) A Risky Investment?
Apr 07Largo (TSE:LGO) Might Have The Makings Of A Multi-Bagger
Mar 02Is Largo (TSE:LGO) Using Too Much Debt?
Dec 24Returns On Capital Are Showing Encouraging Signs At Largo Resources (TSE:LGO)
Nov 11Financial Position Analysis
Short Term Liabilities: LGO's short term assets ($116.7M) exceed its short term liabilities ($70.0M).
Long Term Liabilities: LGO's short term assets ($116.7M) exceed its long term liabilities ($73.9M).
Debt to Equity History and Analysis
Debt Level: LGO's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: LGO's debt to equity ratio has increased from 0% to 46.9% 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: LGO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LGO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.