Lindbergh Balance Sheet Health
Financial Health criteria checks 4/6
Lindbergh has a total shareholder equity of €6.0M and total debt of €2.7M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are €20.8M and €14.8M respectively. Lindbergh's EBIT is €1.6M making its interest coverage ratio 24.5. It has cash and short-term investments of €2.3M.
Key information
45.3%
Debt to equity ratio
€2.72m
Debt
Interest coverage ratio | 24.5x |
Cash | €2.33m |
Equity | €6.01m |
Total liabilities | €14.80m |
Total assets | €20.81m |
Recent financial health updates
No updates
Recent updates
Lindbergh's (BIT:LDB) Earnings May Just Be The Starting Point
Apr 19The Returns On Capital At Lindbergh (BIT:LDB) Don't Inspire Confidence
Dec 29Lindbergh (BIT:LDB) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 29The Returns On Capital At Lindbergh (BIT:LDB) Don't Inspire Confidence
Apr 05Financial Position Analysis
Short Term Liabilities: LDB's short term assets (€9.6M) do not cover its short term liabilities (€9.7M).
Long Term Liabilities: LDB's short term assets (€9.6M) exceed its long term liabilities (€5.1M).
Debt to Equity History and Analysis
Debt Level: LDB's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LDB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LDB's debt is well covered by operating cash flow (96.8%).
Interest Coverage: LDB's interest payments on its debt are well covered by EBIT (24.5x coverage).