Larq Balance Sheet Health
Financial Health criteria checks 1/6
Larq has a total shareholder equity of PLN54.7M and total debt of PLN12.2M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are PLN68.1M and PLN13.4M respectively.
Key information
22.4%
Debt to equity ratio
zł12.23m
Debt
| Interest coverage ratio | n/a |
| Cash | zł366.24k |
| Equity | zł54.70m |
| Total liabilities | zł13.44m |
| Total assets | zł68.14m |
Recent financial health updates
Does Larq (WSE:LRQ) Have A Healthy Balance Sheet?
Jan 12
Larq (WSE:LRQ) Is Making Moderate Use Of Debt
Aug 23Would Larq (WSE:LRQ) Be Better Off With Less Debt?
May 10Larq (WSE:LRQ) Is Carrying A Fair Bit Of Debt
Dec 25Recent updates
Why Larq's (WSE:LRQ) Earnings Are Weaker Than They Seem
May 05Larq's (WSE:LRQ) Shareholders May Want To Dig Deeper Than Statutory Profit
Oct 05Does Larq (WSE:LRQ) Have A Healthy Balance Sheet?
Jan 12Larq (WSE:LRQ) Is Making Moderate Use Of Debt
Aug 23Would Larq (WSE:LRQ) Be Better Off With Less Debt?
May 10Larq (WSE:LRQ) Is Carrying A Fair Bit Of Debt
Dec 25Financial Position Analysis
Short Term Liabilities: LRQ's short term assets (PLN1.8M) do not cover its short term liabilities (PLN6.8M).
Long Term Liabilities: LRQ's short term assets (PLN1.8M) do not cover its long term liabilities (PLN6.7M).
Debt to Equity History and Analysis
Debt Level: LRQ's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: LRQ's debt to equity ratio has increased from 4.8% to 22.4% over the past 5 years.
Debt Coverage: LRQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LRQ's interest payments on its debt are well covered by EBIT.