Life Settlement Assets Balance Sheet Health
Financial Health criteria checks 6/6
Life Settlement Assets has a total shareholder equity of $107.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $111.5M and $3.7M respectively. Life Settlement Assets's EBIT is $3.0M making its interest coverage ratio 1.8. It has cash and short-term investments of $13.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 1.8x |
Cash | US$13.91m |
Equity | US$107.78m |
Total liabilities | US$3.74m |
Total assets | US$111.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LSAA's short term assets ($38.1M) exceed its short term liabilities ($3.7M).
Long Term Liabilities: LSAA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LSAA is debt free.
Reducing Debt: LSAA had no debt 5 years ago.
Debt Coverage: LSAA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LSAA has no debt, therefore coverage of interest payments is not a concern.