Lime Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Lime Technologies has a total shareholder equity of SEK308.7M and total debt of SEK220.2M, which brings its debt-to-equity ratio to 71.3%. Its total assets and total liabilities are SEK920.8M and SEK612.1M respectively. Lime Technologies's EBIT is SEK125.9M making its interest coverage ratio 8.8. It has cash and short-term investments of SEK60.4M.
Key information
71.3%
Debt to equity ratio
SEK 220.16m
Debt
| Interest coverage ratio | 8.8x |
| Cash | SEK 60.37m |
| Equity | SEK 308.71m |
| Total liabilities | SEK 612.09m |
| Total assets | SEK 920.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIMES's short term assets (SEK177.0M) do not cover its short term liabilities (SEK305.8M).
Long Term Liabilities: LIMES's short term assets (SEK177.0M) do not cover its long term liabilities (SEK306.3M).
Debt to Equity History and Analysis
Debt Level: LIMES's net debt to equity ratio (51.8%) is considered high.
Reducing Debt: LIMES's debt to equity ratio has reduced from 161.9% to 71.3% over the past 5 years.
Debt Coverage: LIMES's debt is well covered by operating cash flow (90.3%).
Interest Coverage: LIMES's interest payments on its debt are well covered by EBIT (8.8x coverage).