Life Settlement Assets Balance Sheet Health
Financial Health criteria checks 6/6
Life Settlement Assets has a total shareholder equity of $108.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $111.0M and $2.2M respectively. Life Settlement Assets's EBIT is $10.6M making its interest coverage ratio 4.1. It has cash and short-term investments of $9.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$9.79m |
| Equity | US$108.77m |
| Total liabilities | US$2.23m |
| Total assets | US$111.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LSAA's short term assets ($42.5M) exceed its short term liabilities ($2.2M).
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.