Limoneira Balance Sheet Health
Financial Health criteria checks 2/6
Limoneira has a total shareholder equity of $195.0M and total debt of $52.1M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are $299.6M and $104.6M respectively.
Key information
26.7%
Debt to equity ratio
US$52.08m
Debt
Interest coverage ratio | n/a |
Cash | US$527.00k |
Equity | US$195.00m |
Total liabilities | US$104.58m |
Total assets | US$299.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2L2's short term assets ($28.6M) do not cover its short term liabilities ($31.0M).
Long Term Liabilities: 2L2's short term assets ($28.6M) do not cover its long term liabilities ($73.6M).
Debt to Equity History and Analysis
Debt Level: 2L2's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 2L2's debt to equity ratio has reduced from 43% to 26.7% over the past 5 years.
Debt Coverage: 2L2's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2L2's interest payments on its debt are well covered by EBIT.