Lumine Group Balance Sheet Health
Financial Health criteria checks 4/6
Lumine Group has a total shareholder equity of $634.2M and total debt of $291.0M, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are $1.3B and $637.6M respectively. Lumine Group's EBIT is $70.1M making its interest coverage ratio 4.8. It has cash and short-term investments of $167.8M.
Key information
45.9%
Debt to equity ratio
US$290.98m
Debt
| Interest coverage ratio | 4.8x |
| Cash | US$167.77m |
| Equity | US$634.24m |
| Total liabilities | US$637.64m |
| Total assets | US$1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z76's short term assets ($392.3M) exceed its short term liabilities ($219.7M).
Long Term Liabilities: Z76's short term assets ($392.3M) do not cover its long term liabilities ($417.9M).
Debt to Equity History and Analysis
Debt Level: Z76's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if Z76'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: Whilst unprofitable Z76 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: Z76 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.7% per year.