Luxbright Balance Sheet Health
Financial Health criteria checks 3/6
Luxbright has a total shareholder equity of SEK24.4M and total debt of SEK205.0K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are SEK32.3M and SEK7.9M respectively.
Key information
0.8%
Debt to equity ratio
SEK 205.00k
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 4.34m |
| Equity | SEK 24.36m |
| Total liabilities | SEK 7.91m |
| Total assets | SEK 32.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LXB's short term assets (SEK7.2M) do not cover its short term liabilities (SEK7.7M).
Long Term Liabilities: LXB's short term assets (SEK7.2M) exceed its long term liabilities (SEK205.0K).
Debt to Equity History and Analysis
Debt Level: LXB has more cash than its total debt.
Reducing Debt: LXB's debt to equity ratio has reduced from 26.1% to 0.8% 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: Insufficient data to determine if LXB has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LXB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.