Lumine Group Balance Sheet Health
Financial Health criteria checks 5/6
Lumine Group has a total shareholder equity of $637.5M and total debt of $240.7M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are $1.2B and $580.4M respectively. Lumine Group's EBIT is $77.6M making its interest coverage ratio 5.3. It has cash and short-term investments of $259.8M.
Key information
37.8%
Debt to equity ratio
US$240.73m
Debt
| Interest coverage ratio | 5.3x |
| Cash | US$259.79m |
| Equity | US$637.45m |
| Total liabilities | US$580.40m |
| Total assets | US$1.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LMN's short term assets ($448.1M) exceed its short term liabilities ($205.0M).
Long Term Liabilities: LMN's short term assets ($448.1M) exceed its long term liabilities ($375.4M).
Debt to Equity History and Analysis
Debt Level: LMN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LMN's debt to equity ratio has reduced 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 LMN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LMN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.3% per year.