Lifeway Foods Balance Sheet Health
Financial Health criteria checks 6/6
Lifeway Foods has a total shareholder equity of $60.4M and total debt of $2.7M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are $81.7M and $21.2M respectively. Lifeway Foods's EBIT is $17.0M making its interest coverage ratio 44.3. It has cash and short-term investments of $13.2M.
Key information
4.5%
Debt to equity ratio
US$2.73m
Debt
Interest coverage ratio | 44.3x |
Cash | US$13.20m |
Equity | US$60.44m |
Total liabilities | US$21.22m |
Total assets | US$81.65m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LWF's short term assets ($38.2M) exceed its short term liabilities ($16.6M).
Long Term Liabilities: LWF's short term assets ($38.2M) exceed its long term liabilities ($4.6M).
Debt to Equity History and Analysis
Debt Level: LWF has more cash than its total debt.
Reducing Debt: LWF's debt to equity ratio has reduced from 14.1% to 4.5% over the past 5 years.
Debt Coverage: LWF's debt is well covered by operating cash flow (619.9%).
Interest Coverage: LWF's interest payments on its debt are well covered by EBIT (44.3x coverage).