Lument Finance Trust Balance Sheet Health
Financial Health criteria checks 3/6
Lument Finance Trust has a total shareholder equity of $243.1M and total debt of $1.0B, which brings its debt-to-equity ratio to 412.3%. Its total assets and total liabilities are $1.3B and $1.0B respectively.
Key information
412.3%
Debt to equity ratio
US$1.00b
Debt
| Interest coverage ratio | n/a |
| Cash | US$45.59m |
| Equity | US$243.14m |
| Total liabilities | US$1.01b |
| Total assets | US$1.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 70X's short term assets ($1.3B) exceed its short term liabilities ($9.8M).
Long Term Liabilities: 70X's short term assets ($1.3B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: 70X's net debt to equity ratio (393.6%) is considered high.
Reducing Debt: 70X's debt to equity ratio has reduced from 498.7% to 412.3% over the past 5 years.
Debt Coverage: 70X's debt is not well covered by operating cash flow (3%).
Interest Coverage: Insufficient data to determine if 70X's interest payments on its debt are well covered by EBIT.