LifeVantage Balance Sheet Health
Financial Health criteria checks 6/6
LifeVantage has a total shareholder equity of $27.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $62.7M and $35.4M respectively. LifeVantage's EBIT is $4.1M making its interest coverage ratio -9.3. It has cash and short-term investments of $17.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -9.3x |
Cash | US$17.33m |
Equity | US$27.31m |
Total liabilities | US$35.38m |
Total assets | US$62.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L2T1's short term assets ($38.7M) exceed its short term liabilities ($23.0M).
Long Term Liabilities: L2T1's short term assets ($38.7M) exceed its long term liabilities ($12.4M).
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 21.1%.
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.