LumenRadio Balance Sheet Health
Financial Health criteria checks 5/6
LumenRadio has a total shareholder equity of SEK228.7M and total debt of SEK22.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are SEK333.1M and SEK104.4M respectively. LumenRadio's EBIT is SEK27.2M making its interest coverage ratio -10. It has cash and short-term investments of SEK97.5M.
Key information
0.01%
Debt to equity ratio
SEK 22.00k
Debt
| Interest coverage ratio | -10x |
| Cash | SEK 97.49m |
| Equity | SEK 228.69m |
| Total liabilities | SEK 104.39m |
| Total assets | SEK 333.08m |
Recent financial health updates
No updates
Recent updates
LumenRadio (STO:LUMEN) Is Doing The Right Things To Multiply Its Share Price
Jul 14
Some Confidence Is Lacking In LumenRadio AB (publ) (STO:LUMEN) As Shares Slide 26%
Feb 28LumenRadio (STO:LUMEN) Could Become A Multi-Bagger
Jan 06A Look At The Fair Value Of LumenRadio AB (publ) (STO:LUMEN)
May 17After Leaping 29% LumenRadio AB (publ) (STO:LUMEN) Shares Are Not Flying Under The Radar
Mar 09Financial Position Analysis
Short Term Liabilities: LUMEN's short term assets (SEK162.2M) exceed its short term liabilities (SEK50.5M).
Long Term Liabilities: LUMEN's short term assets (SEK162.2M) exceed its long term liabilities (SEK53.9M).
Debt to Equity History and Analysis
Debt Level: LUMEN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LUMEN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LUMEN's debt is well covered by operating cash flow (180422.7%).
Interest Coverage: LUMEN earns more interest than it pays, so coverage of interest payments is not a concern.