LightPath Technologies Balance Sheet Health
Financial Health criteria checks 4/6
LightPath Technologies has a total shareholder equity of $33.7M and total debt of $2.5M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are $54.1M and $20.4M respectively.
Key information
7.3%
Debt to equity ratio
US$2.47m
Debt
Interest coverage ratio | n/a |
Cash | US$3.54m |
Equity | US$33.70m |
Total liabilities | US$20.36m |
Total assets | US$54.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPZB's short term assets ($18.8M) exceed its short term liabilities ($9.7M).
Long Term Liabilities: LPZB's short term assets ($18.8M) exceed its long term liabilities ($10.6M).
Debt to Equity History and Analysis
Debt Level: LPZB has more cash than its total debt.
Reducing Debt: LPZB's debt to equity ratio has reduced from 16.6% to 7.3% 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: LPZB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LPZB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.4% each year