Luceco Financial Health

How is Luceco's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LUCE's short term assets (£128.8M) exceed its short term liabilities (£48.3M).

Long Term Liabilities: LUCE's short term assets (£128.8M) exceed its long term liabilities (£67.7M).


Debt to Equity History and Analysis

Debt Level: LUCE's net debt to equity ratio (61.6%) is considered high.

Reducing Debt: LUCE's debt to equity ratio has reduced from 76.5% to 70.6% over the past 5 years.

Debt Coverage: LUCE's debt is well covered by operating cash flow (30.4%).

Interest Coverage: LUCE's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


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