LightOn SAS Balance Sheet Health
Financial Health criteria checks 5/6
LightOn SAS has a total shareholder equity of €4.4M and total debt of €1.8M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are €7.2M and €2.8M respectively. LightOn SAS's EBIT is €3.7M making its interest coverage ratio 108.1. It has cash and short-term investments of €4.6M.
Key information
40.1%
Debt to equity ratio
€1.76m
Debt
| Interest coverage ratio | 108.1x |
| Cash | €4.59m |
| Equity | €4.38m |
| Total liabilities | €2.79m |
| Total assets | €7.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTAI's short term assets (€6.2M) exceed its short term liabilities (€2.6M).
Long Term Liabilities: ALTAI's short term assets (€6.2M) exceed its long term liabilities (€184.0K).
Debt to Equity History and Analysis
Debt Level: ALTAI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ALTAI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ALTAI's debt is well covered by operating cash flow (225.9%).
Interest Coverage: ALTAI's interest payments on its debt are well covered by EBIT (108.1x coverage).