learnd Balance Sheet Health

Financial Health criteria checks 2/6

learnd has a total shareholder equity of £-3.6M and total debt of £20.0M, which brings its debt-to-equity ratio to -562%. Its total assets and total liabilities are £44.5M and £48.0M respectively. learnd's EBIT is £804.2K making its interest coverage ratio 0.6. It has cash and short-term investments of £4.8M.

Key information

-562.0%

Debt to equity ratio

UK£20.01m

Debt

Interest coverage ratio0.6x
CashUK£4.79m
Equity-UK£3.56m
Total liabilitiesUK£48.04m
Total assetsUK£44.48m

Recent financial health updates

No updates

Recent updates

Revenues Tell The Story For learnd SE (ETR:LRND)

Sep 19
Revenues Tell The Story For learnd SE (ETR:LRND)

Financial Position Analysis

Short Term Liabilities: LRND has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: LRND 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: LRND has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: LRND's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: LRND has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: LRND has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 80.1% each year.


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