LMP Automotive Holdings Balance Sheet Health
Financial Health criteria checks 1/6
LMP Automotive Holdings has a total shareholder equity of $47.9M and total debt of $125.0M, which brings its debt-to-equity ratio to 261.2%. Its total assets and total liabilities are $214.2M and $166.4M respectively. LMP Automotive Holdings's EBIT is $10.2M making its interest coverage ratio 3.2. It has cash and short-term investments of $18.8M.
Key information
261.2%
Debt to equity ratio
US$125.04m
Debt
Interest coverage ratio | 3.2x |
Cash | US$18.85m |
Equity | US$47.87m |
Total liabilities | US$166.37m |
Total assets | US$214.24m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RH's short term assets ($98.3M) exceed its short term liabilities ($66.1M).
Long Term Liabilities: 0RH's short term assets ($98.3M) do not cover its long term liabilities ($100.2M).
Debt to Equity History and Analysis
Debt Level: 0RH's net debt to equity ratio (221.8%) is considered high.
Reducing Debt: Insufficient data to determine if 0RH's debt to equity ratio has reduced 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: Insufficient data to determine if 0RH has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 0RH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.