Lumito Balance Sheet Health

Financial Health criteria checks 3/6

Lumito has a total shareholder equity of SEK96.6M and total debt of SEK20.0M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are SEK122.4M and SEK25.8M respectively.

Key information

20.7%

Debt to equity ratio

SEK 20.00m

Debt

Interest coverage ration/a
CashSEK 26.17m
EquitySEK 96.59m
Total liabilitiesSEK 25.84m
Total assetsSEK 122.43m

Recent financial health updates

Recent updates

Lumito (NGM:LUMITO) Has Debt But No Earnings; Should You Worry?

Sep 18
Lumito (NGM:LUMITO) Has Debt But No Earnings; Should You Worry?

Will Lumito (NGM:LUMITO) Spend Its Cash Wisely?

Jan 02
Will Lumito (NGM:LUMITO) Spend Its Cash Wisely?

We're Keeping An Eye On Lumito's (NGM:LUMITO) Cash Burn Rate

Sep 19
We're Keeping An Eye On Lumito's (NGM:LUMITO) Cash Burn Rate

Here's Why We're Not Too Worried About Lumito's (NGM:LUMITO) Cash Burn Situation

Jun 05
Here's Why We're Not Too Worried About Lumito's (NGM:LUMITO) Cash Burn Situation

We're Not Very Worried About Lumito's (NGM:LUMITO) Cash Burn Rate

Feb 13
We're Not Very Worried About Lumito's (NGM:LUMITO) Cash Burn Rate

We Think Lumito (NGM:LUMITO) Needs To Drive Business Growth Carefully

Oct 31
We Think Lumito (NGM:LUMITO) Needs To Drive Business Growth Carefully

We're Keeping An Eye On Lumito's (NGM:LUMITO) Cash Burn Rate

Jul 17
We're Keeping An Eye On Lumito's (NGM:LUMITO) Cash Burn Rate

Will Lumito (NGM:LUMITO) Spend Its Cash Wisely?

Jun 07
Will Lumito (NGM:LUMITO) Spend Its Cash Wisely?

We're Not Very Worried About Lumito's (NGM:LUMITO) Cash Burn Rate

Feb 22
We're Not Very Worried About Lumito's (NGM:LUMITO) Cash Burn Rate

Financial Position Analysis

Short Term Liabilities: LUMITO's short term assets (SEK28.7M) exceed its short term liabilities (SEK25.8M).

Long Term Liabilities: LUMITO's short term assets (SEK28.7M) 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 20.7% 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 3.9% each year


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 17:21
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lumito AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution