Lions Gate Entertainment Balance Sheet Health
Financial Health criteria checks 2/6
Lions Gate Entertainment has a total shareholder equity of $85.4M and total debt of $4.2B, which brings its debt-to-equity ratio to 4873%. Its total assets and total liabilities are $7.2B and $7.1B respectively. Lions Gate Entertainment's EBIT is $231.4M making its interest coverage ratio 1. It has cash and short-term investments of $283.0M.
Key information
4,873.0%
Debt to equity ratio
US$4.16b
Debt
Interest coverage ratio | 1x |
Cash | US$283.00m |
Equity | US$85.40m |
Total liabilities | US$7.07b |
Total assets | US$7.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LGNB's short term assets ($1.5B) do not cover its short term liabilities ($3.2B).
Long Term Liabilities: LGNB's short term assets ($1.5B) do not cover its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: LGNB's net debt to equity ratio (4541.6%) is considered high.
Reducing Debt: LGNB's debt to equity ratio has increased from 104.4% to 4873% 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: Whilst unprofitable LGNB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LGNB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 32.2% per year.