Light Balance Sheet Health
Financial Health criteria checks 3/6
Light has a total shareholder equity of R$2.7B and total debt of R$11.7B, which brings its debt-to-equity ratio to 428.4%. Its total assets and total liabilities are R$23.8B and R$21.1B respectively. Light's EBIT is R$1.5B making its interest coverage ratio 2.8. It has cash and short-term investments of R$2.4B.
Key information
428.4%
Debt to equity ratio
R$11.73b
Debt
| Interest coverage ratio | 2.8x |
| Cash | R$2.42b |
| Equity | R$2.74b |
| Total liabilities | R$21.06b |
| Total assets | R$23.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5LIA's short term assets (R$5.6B) do not cover its short term liabilities (R$15.4B).
Long Term Liabilities: 5LIA's short term assets (R$5.6B) exceed its long term liabilities (R$5.6B).
Debt to Equity History and Analysis
Debt Level: 5LIA's net debt to equity ratio (339.9%) is considered high.
Reducing Debt: 5LIA's debt to equity ratio has increased from 276.1% to 428.4% 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 5LIA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5LIA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.9% per year.