Light Science Technologies Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Light Science Technologies Holdings has a total shareholder equity of £2.5M and total debt of £1.5M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are £8.3M and £5.8M respectively. Light Science Technologies Holdings's EBIT is £476.4K making its interest coverage ratio 3.7. It has cash and short-term investments of £1.2M.
Key information
60.00%
Debt to equity ratio
UK£1.49m
Debt
| Interest coverage ratio | 3.7x |
| Cash | UK£1.21m |
| Equity | UK£2.48m |
| Total liabilities | UK£5.84m |
| Total assets | UK£8.32m |
Recent financial health updates
We Think Light Science Technologies Holdings (LON:LST) Has A Fair Chunk Of Debt
Nov 28
Is Light Science Technologies Holdings (LON:LST) A Risky Investment?
May 09Recent updates
On the cusp of growth and profits
LST has 3 divisions including a rapidly growing passive fire safety division (PFP) retrofitting specialist cavity closers to solve Grenfell Tower type risks, an Agtech division selling comprehensive sA Piece Of The Puzzle Missing From Light Science Technologies Holdings Plc's (LON:LST) 27% Share Price Climb
Apr 01We Think Light Science Technologies Holdings (LON:LST) Has A Fair Chunk Of Debt
Nov 28Market Might Still Lack Some Conviction On Light Science Technologies Holdings Plc (LON:LST) Even After 26% Share Price Boost
Aug 22Investors Still Aren't Entirely Convinced By Light Science Technologies Holdings Plc's (LON:LST) Revenues Despite 28% Price Jump
May 10Is Light Science Technologies Holdings (LON:LST) A Risky Investment?
May 09Light Science Technologies Holdings Plc (LON:LST) Stock Rockets 69% But Many Are Still Ignoring The Company
Sep 02Financial Position Analysis
Short Term Liabilities: LST's short term assets (£4.7M) exceed its short term liabilities (£3.8M).
Long Term Liabilities: LST's short term assets (£4.7M) exceed its long term liabilities (£2.1M).
Debt to Equity History and Analysis
Debt Level: LST's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LST's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable LST has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LST is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.9% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/15 18:16 |
| End of Day Share Price | 2025/07/15 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Light Science Technologies Holdings Plc is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anne Crow | Edison Investment Research |