Lument Finance Trust Balance Sheet Health
Financial Health criteria checks 2/6
Lument Finance Trust has a total shareholder equity of $240.8M and total debt of $1.2B, which brings its debt-to-equity ratio to 495.6%. Its total assets and total liabilities are $1.4B and $1.2B respectively.
Key information
495.6%
Debt to equity ratio
US$1.19b
Debt
Interest coverage ratio | n/a |
Cash | US$51.25m |
Equity | US$240.79m |
Total liabilities | US$1.21b |
Total assets | US$1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 70X's short term assets ($1.4B) exceed its short term liabilities ($12.7M).
Long Term Liabilities: 70X's short term assets ($1.4B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: 70X's net debt to equity ratio (474.3%) is considered high.
Reducing Debt: 70X's debt to equity ratio has increased from 348.3% to 495.6% over the past 5 years.
Debt Coverage: 70X's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: Insufficient data to determine if 70X's interest payments on its debt are well covered by EBIT.