Lemon Sistemi Balance Sheet Health
Financial Health criteria checks 3/6
Lemon Sistemi has a total shareholder equity of €6.7M and total debt of €2.7M, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are €13.8M and €7.1M respectively. Lemon Sistemi's EBIT is €1.1M making its interest coverage ratio 1.5. It has cash and short-term investments of €2.4M.
Key information
39.5%
Debt to equity ratio
€2.65m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €2.36m |
| Equity | €6.72m |
| Total liabilities | €7.11m |
| Total assets | €13.83m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LS's short term assets (€12.5M) exceed its short term liabilities (€4.7M).
Long Term Liabilities: LS's short term assets (€12.5M) exceed its long term liabilities (€2.4M).
Debt to Equity History and Analysis
Debt Level: LS's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LS's interest payments on its debt are not well covered by EBIT (1.5x coverage).