Lifeline SPAC I Oyj Balance Sheet Health
Financial Health criteria checks 2/6
LifelineC I Oyj has a total shareholder equity of €3.8M and total debt of €99.8M, which brings its debt-to-equity ratio to 2629.2%. Its total assets and total liabilities are €104.0M and €100.2M respectively.
Key information
2,629.2%
Debt to equity ratio
€99.83m
Debt
Interest coverage ratio | n/a |
Cash | €417.67k |
Equity | €3.80m |
Total liabilities | €100.19m |
Total assets | €103.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LL1SPAC's short term assets (€104.0M) exceed its short term liabilities (€100.2M).
Long Term Liabilities: LL1SPAC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LL1SPAC's net debt to equity ratio (2618.2%) is considered high.
Reducing Debt: Insufficient data to determine if LL1SPAC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LL1SPAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LL1SPAC's interest payments on its debt are well covered by EBIT.