LED iBond International Balance Sheet Health
Financial Health criteria checks 3/6
LED iBond International has a total shareholder equity of DKK13.4M and total debt of DKK8.2M, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are DKK33.9M and DKK20.6M respectively.
Key information
61.4%
Debt to equity ratio
kr.8.21m
Debt
Interest coverage ratio | n/a |
Cash | kr.4.56m |
Equity | kr.13.36m |
Total liabilities | kr.20.58m |
Total assets | kr.33.95m |
Financial Position Analysis
Short Term Liabilities: LEDIBOND's short term assets (DKK11.0M) do not cover its short term liabilities (DKK12.2M).
Long Term Liabilities: LEDIBOND's short term assets (DKK11.0M) exceed its long term liabilities (DKK8.4M).
Debt to Equity History and Analysis
Debt Level: LEDIBOND's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: LEDIBOND's debt to equity ratio has reduced from 194.5% to 61.4% 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: LEDIBOND has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LEDIBOND has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.2% each year