Lumito Balance Sheet Health
Financial Health criteria checks 3/6
Lumito has a total shareholder equity of SEK107.4M and total debt of SEK20.0M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are SEK134.0M and SEK26.6M respectively.
Key information
18.6%
Debt to equity ratio
SEK 20.00m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 32.33m |
| Equity | SEK 107.45m |
| Total liabilities | SEK 26.56m |
| Total assets | SEK 134.01m |
Recent financial health updates
Lumito (NGM:LUMITO) Has Debt But No Earnings; Should You Worry?
Sep 18
Will Lumito (NGM:LUMITO) Spend Its Cash Wisely?
Jan 02We're Keeping An Eye On Lumito's (NGM:LUMITO) Cash Burn Rate
Sep 19Here's Why We're Not Too Worried About Lumito's (NGM:LUMITO) Cash Burn Situation
Jun 05We're Not Very Worried About Lumito's (NGM:LUMITO) Cash Burn Rate
Feb 13We Think Lumito (NGM:LUMITO) Needs To Drive Business Growth Carefully
Oct 31Recent updates
Lumito (NGM:LUMITO) Has Debt But No Earnings; Should You Worry?
Sep 18Will Lumito (NGM:LUMITO) Spend Its Cash Wisely?
Jan 02We're Keeping An Eye On Lumito's (NGM:LUMITO) Cash Burn Rate
Sep 19Here's Why We're Not Too Worried About Lumito's (NGM:LUMITO) Cash Burn Situation
Jun 05We're Not Very Worried About Lumito's (NGM:LUMITO) Cash Burn Rate
Feb 13We Think Lumito (NGM:LUMITO) Needs To Drive Business Growth Carefully
Oct 31We're Keeping An Eye On Lumito's (NGM:LUMITO) Cash Burn Rate
Jul 17Will Lumito (NGM:LUMITO) Spend Its Cash Wisely?
Jun 07We're Not Very Worried About Lumito's (NGM:LUMITO) Cash Burn Rate
Feb 22Financial Position Analysis
Short Term Liabilities: LUMITO's short term assets (SEK35.4M) exceed its short term liabilities (SEK26.6M).
Long Term Liabilities: LUMITO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LUMITO has more cash than its total debt.
Reducing Debt: LUMITO's debt to equity ratio has increased from 0% to 18.6% 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: LUMITO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LUMITO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.6% each year