Lemonade Balance Sheet Health
Financial Health criteria checks 4/6
Lemonade has a total shareholder equity of $676.4M and total debt of $28.3M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are $1.6B and $970.0M respectively.
Key information
4.2%
Debt to equity ratio
US$28.30m
Debt
Interest coverage ratio | n/a |
Cash | US$300.80m |
Equity | US$676.40m |
Total liabilities | US$970.00m |
Total assets | US$1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMND *'s short term assets ($919.0M) exceed its short term liabilities ($621.3M).
Long Term Liabilities: LMND *'s short term assets ($919.0M) exceed its long term liabilities ($348.7M).
Debt to Equity History and Analysis
Debt Level: LMND * has more cash than its total debt.
Reducing Debt: LMND *'s debt to equity ratio has increased from 0% to 4.2% 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: LMND * has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LMND * has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.