Lime Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Lime Technologies has a total shareholder equity of SEK290.0M and total debt of SEK255.7M, which brings its debt-to-equity ratio to 88.2%. Its total assets and total liabilities are SEK948.5M and SEK658.5M respectively. Lime Technologies's EBIT is SEK119.1M making its interest coverage ratio 9.8. It has cash and short-term investments of SEK65.1M.
Key information
88.2%
Debt to equity ratio
SEK 255.72m
Debt
| Interest coverage ratio | 9.8x |
| Cash | SEK 65.09m |
| Equity | SEK 289.97m |
| Total liabilities | SEK 658.55m |
| Total assets | SEK 948.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTX's short term assets (SEK203.4M) do not cover its short term liabilities (SEK327.0M).
Long Term Liabilities: LTX's short term assets (SEK203.4M) do not cover its long term liabilities (SEK331.5M).
Debt to Equity History and Analysis
Debt Level: LTX's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: LTX's debt to equity ratio has reduced from 203.2% to 88.2% over the past 5 years.
Debt Coverage: LTX's debt is well covered by operating cash flow (62.6%).
Interest Coverage: LTX's interest payments on its debt are well covered by EBIT (9.8x coverage).