LGL Group Balance Sheet Health
Financial Health criteria checks 6/6
LGL Group has a total shareholder equity of $40.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $42.0M and $1.2M respectively. LGL Group's EBIT is $475.0K making its interest coverage ratio -2.4. It has cash and short-term investments of $40.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -2.4x |
Cash | US$40.89m |
Equity | US$40.73m |
Total liabilities | US$1.22m |
Total assets | US$41.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 51L's short term assets ($41.7M) exceed its short term liabilities ($516.0K).
Long Term Liabilities: 51L's short term assets ($41.7M) exceed its long term liabilities ($701.0K).
Debt to Equity History and Analysis
Debt Level: 51L is debt free.
Reducing Debt: 51L had no debt 5 years ago.
Debt Coverage: 51L has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 51L has no debt, therefore coverage of interest payments is not a concern.