LifeVantage Balance Sheet Health
Financial Health criteria checks 6/6
LifeVantage has a total shareholder equity of $27.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $61.5M and $33.8M respectively. LifeVantage's EBIT is $6.2M making its interest coverage ratio -19.2. It has cash and short-term investments of $14.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -19.2x |
| Cash | US$14.60m |
| Equity | US$27.70m |
| Total liabilities | US$33.76m |
| Total assets | US$61.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L2T1's short term assets ($38.8M) exceed its short term liabilities ($22.1M).
Long Term Liabilities: L2T1's short term assets ($38.8M) exceed its long term liabilities ($11.7M).
Debt to Equity History and Analysis
Debt Level: L2T1 is debt free.
Reducing Debt: L2T1 has no debt compared to 5 years ago when its debt to equity ratio was 3.3%.
Debt Coverage: L2T1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: L2T1 has no debt, therefore coverage of interest payments is not a concern.