Largo Balance Sheet Health
Financial Health criteria checks 5/6
Largo has a total shareholder equity of $255.8M and total debt of $75.0M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are $381.6M and $125.8M respectively.
Key information
29.3%
Debt to equity ratio
US$75.00m
Debt
Interest coverage ratio | n/a |
Cash | US$42.71m |
Equity | US$255.80m |
Total liabilities | US$125.82m |
Total assets | US$381.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LR8's short term assets ($137.1M) exceed its short term liabilities ($42.5M).
Long Term Liabilities: LR8's short term assets ($137.1M) exceed its long term liabilities ($83.4M).
Debt to Equity History and Analysis
Debt Level: LR8's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: LR8's debt to equity ratio has reduced from 29.9% to 29.3% over the past 5 years.
Debt Coverage: LR8's debt is well covered by operating cash flow (28.3%).
Interest Coverage: Insufficient data to determine if LR8's interest payments on its debt are well covered by EBIT.