Largo Balance Sheet Health
Financial Health criteria checks 5/6
Largo has a total shareholder equity of $255.8M and total debt of $75.0M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are $381.6M and $125.8M respectively.
Key information
29.3%
Debt to equity ratio
US$75.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$42.71m |
| Equity | US$255.80m |
| Total liabilities | US$125.82m |
| Total assets | US$381.62m |
Recent financial health updates
Largo (TSE:LGO) Is Carrying A Fair Bit Of Debt
Aug 11
Here'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 07Is Largo (TSE:LGO) Using Too Much Debt?
Dec 24Recent updates
Investors 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 11Largo Resources (TSE:LGO) Seems To Use Debt Rather Sparingly
Aug 17Returns On Capital Are Showing Encouraging Signs At Largo Resources (TSE:LGO)
Jul 30Need To Know: Analysts Are Much More Bullish On Largo Resources Ltd. (TSE:LGO) Revenues
Apr 24Returns Are Gaining Momentum At Largo Resources (TSE:LGO)
Apr 09Has Largo Resources Ltd.'s (TSE:LGO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Mar 19Largo Resources (TSE:LGO) Has A Pretty Healthy Balance Sheet
Feb 23Financial Position Analysis
Short Term Liabilities: LGO's short term assets ($137.1M) exceed its short term liabilities ($42.5M).
Long Term Liabilities: LGO's short term assets ($137.1M) exceed its long term liabilities ($83.4M).
Debt to Equity History and Analysis
Debt Level: LGO's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: LGO's debt to equity ratio has reduced from 29.9% to 29.3% over the past 5 years.
Debt Coverage: LGO's debt is well covered by operating cash flow (28.3%).
Interest Coverage: Insufficient data to determine if LGO's interest payments on its debt are well covered by EBIT.