Lumito Balance Sheet Health
Financial Health criteria checks 3/6
Lumito has a total shareholder equity of SEK103.2M and total debt of SEK10.0M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are SEK121.4M and SEK18.3M respectively.
Key information
9.7%
Debt to equity ratio
kr10.00m
Debt
| Interest coverage ratio | n/a |
| Cash | kr22.45m |
| Equity | kr103.16m |
| Total liabilities | kr18.28m |
| Total assets | kr121.44m |
Recent financial health updates
Will Lumito (NGM:LUMITO) Spend Its Cash Wisely?
Jan 02
We'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 17Recent updates
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 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 (SEK26.2M) exceed its short term liabilities (SEK18.3M).
Long Term Liabilities: LUMITO's short term assets (SEK26.2M) exceed its long term liabilities (SEK1,000.0).
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 9.7% 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 0.4% each year