loanDepot Balance Sheet Health
Financial Health criteria checks 5/6
loanDepot has a total shareholder equity of $578.9M and total debt of $4.9B, which brings its debt-to-equity ratio to 854.4%. Its total assets and total liabilities are $5.9B and $5.4B respectively.
Key information
854.4%
Debt to equity ratio
US$4.95b
Debt
| Interest coverage ratio | n/a |
| Cash | US$682.41m |
| Equity | US$578.94m |
| Total liabilities | US$5.36b |
| Total assets | US$5.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LDD's short term assets ($4.0B) exceed its short term liabilities ($3.3B).
Long Term Liabilities: LDD's short term assets ($4.0B) exceed its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: LDD's net debt to equity ratio (736.6%) is considered high.
Reducing Debt: LDD's debt to equity ratio has reduced from 1221.7% to 854.4% 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: LDD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LDD has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 34.7% each year.