Luceco Financial Health
How is Luceco's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
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).