Lument Finance Trust Balance Sheet Health
Financial Health criteria checks 3/6
Lument Finance Trust has a total shareholder equity of $242.9M and total debt of $1.1B, which brings its debt-to-equity ratio to 462.3%. Its total assets and total liabilities are $1.4B and $1.1B respectively.
Key information
462.3%
Debt to equity ratio
US$1.12b
Debt
Interest coverage ratio | n/a |
Cash | US$64.57m |
Equity | US$242.94m |
Total liabilities | US$1.14b |
Total assets | US$1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 70X1's short term assets ($1.4B) exceed its short term liabilities ($12.1M).
Long Term Liabilities: 70X1's short term assets ($1.4B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: 70X1's net debt to equity ratio (435.8%) is considered high.
Reducing Debt: 70X1's debt to equity ratio has reduced from 497.6% to 462.3% over the past 5 years.
Debt Coverage: 70X1's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: Insufficient data to determine if 70X1's interest payments on its debt are well covered by EBIT.