Largo Balance Sheet Health
Financial Health criteria checks 3/6
Largo has a total shareholder equity of $199.9M and total debt of $93.7M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are $343.7M and $143.8M respectively.
Key information
46.9%
Debt to equity ratio
US$93.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.45m |
| Equity | US$199.87m |
| Total liabilities | US$143.83m |
| Total assets | US$343.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LR8's short term assets ($116.7M) exceed its short term liabilities ($70.0M).
Long Term Liabilities: LR8's short term assets ($116.7M) exceed its long term liabilities ($73.9M).
Debt to Equity History and Analysis
Debt Level: LR8's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: LR8's debt to equity ratio has increased from 0% to 46.9% 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: LR8 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LR8 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.