LED iBond International Balance Sheet Health
Financial Health criteria checks 0/6
LED iBond International has a total shareholder equity of DKK6.2M and total debt of DKK11.0M, which brings its debt-to-equity ratio to 178.1%. Its total assets and total liabilities are DKK27.9M and DKK21.7M respectively.
Key information
178.1%
Debt to equity ratio
DKK 10.96m
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 583.00k |
| Equity | DKK 6.16m |
| Total liabilities | DKK 21.73m |
| Total assets | DKK 27.88m |
Financial Position Analysis
Short Term Liabilities: LEDIBOND's short term assets (DKK6.6M) do not cover its short term liabilities (DKK10.6M).
Long Term Liabilities: LEDIBOND's short term assets (DKK6.6M) do not cover its long term liabilities (DKK11.2M).
Debt to Equity History and Analysis
Debt Level: LEDIBOND's net debt to equity ratio (168.6%) is considered high.
Reducing Debt: LEDIBOND's debt to equity ratio has increased from 103.4% to 178.1% 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 grow at historical rates of 4.1% each year.