Lifetime Brands Balance Sheet Health
Financial Health criteria checks 5/6
Lifetime Brands has a total shareholder equity of $220.9M and total debt of $202.2M, which brings its debt-to-equity ratio to 91.5%. Its total assets and total liabilities are $668.7M and $447.8M respectively. Lifetime Brands's EBIT is $28.6M making its interest coverage ratio 1.2. It has cash and short-term investments of $6.3M.
Key information
91.5%
Debt to equity ratio
US$202.19m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$6.25m |
| Equity | US$220.92m |
| Total liabilities | US$447.82m |
| Total assets | US$668.74m |
Recent financial health updates
Lifetime Brands (NASDAQ:LCUT) Has A Somewhat Strained Balance Sheet
Sep 08
Here's Why Lifetime Brands (NASDAQ:LCUT) Is Weighed Down By Its Debt Load
Aug 13Does Lifetime Brands (NASDAQ:LCUT) Have A Healthy Balance Sheet?
Mar 07Is Lifetime Brands (NASDAQ:LCUT) Using Too Much Debt?
Aug 05Recent updates
Lifetime Brands: Manufacturing Capacity Increases, And Extremely Undervalued
Nov 19Lifetime Brands (NASDAQ:LCUT) Is Due To Pay A Dividend Of $0.0425
Oct 31Lifetime Brands: Rising Private Label Trend May Signal Trouble
Oct 03Lifetime Brands (NASDAQ:LCUT) Has A Somewhat Strained Balance Sheet
Sep 08Lifetime Brands (NASDAQ:LCUT) Is Paying Out A Dividend Of $0.0425
Aug 11Lifetime Brands (NASDAQ:LCUT) Will Pay A Dividend Of $0.0425
Jul 11Little Excitement Around Lifetime Brands, Inc.'s (NASDAQ:LCUT) Revenues As Shares Take 27% Pounding
Jul 04Lifetime Brands' (NASDAQ:LCUT) Dividend Will Be $0.0425
Jun 24Lifetime Brands (NASDAQ:LCUT) Might Have The Makings Of A Multi-Bagger
Jun 15Analyst Estimates: Here's What Brokers Think Of Lifetime Brands, Inc. (NASDAQ:LCUT) After Its First-Quarter Report
May 12Lifetime Brands (NASDAQ:LCUT) Has Announced A Dividend Of $0.0425
Apr 28Is It Time To Consider Buying Lifetime Brands, Inc. (NASDAQ:LCUT)?
Apr 03Lifetime Brands (NASDAQ:LCUT) Is Paying Out A Dividend Of $0.0425
Jan 25Lifetime Brands, Inc.'s (NASDAQ:LCUT) 29% Share Price Surge Not Quite Adding Up
Jan 20Lifetime Brands, Inc. (NASDAQ:LCUT) Shares Could Be 29% Below Their Intrinsic Value Estimate
Jan 13Lifetime Brands (NASDAQ:LCUT) Is Doing The Right Things To Multiply Its Share Price
Dec 29Lifetime Brands (NASDAQ:LCUT) Is Paying Out A Dividend Of $0.0425
Dec 13Lifetime Brands (NASDAQ:LCUT) Is Due To Pay A Dividend Of $0.0425
Sep 11Lifetime Brands' (NASDAQ:LCUT) Dividend Will Be $0.0425
Aug 28Here's Why Lifetime Brands (NASDAQ:LCUT) Is Weighed Down By Its Debt Load
Aug 13Lifetime Brands, Inc. (NASDAQ:LCUT) Shares Could Be 48% Below Their Intrinsic Value Estimate
Jul 18Lifetime Brands (NASDAQ:LCUT) Has Announced A Dividend Of $0.0425
Jun 29Lifetime Brands (NASDAQ:LCUT) Is Looking To Continue Growing Its Returns On Capital
Jun 27Lifetime Brands (NASDAQ:LCUT) Is Paying Out A Dividend Of $0.0425
Mar 12Does Lifetime Brands (NASDAQ:LCUT) Have A Healthy Balance Sheet?
Mar 07Lifetime Brands (NASDAQ:LCUT) Has Affirmed Its Dividend Of $0.0425
Dec 15Lifetime Brands' (NASDAQ:LCUT) Dividend Will Be $0.0425
Nov 17Lifetime Brands (NASDAQ:LCUT) Has Announced A Dividend Of $0.0425
Oct 27Lifetime Brands' (NASDAQ:LCUT) Dividend Will Be $0.0425
Sep 09Lifetime Brands (NASDAQ:LCUT) Will Pay A Dividend Of $0.0425
Aug 25Downgrade: Here's How Analysts See Lifetime Brands, Inc. (NASDAQ:LCUT) Performing In The Near Term
Aug 10Lifetime Brands (NASDAQ:LCUT) Is Due To Pay A Dividend Of $0.0425
Aug 08Is Lifetime Brands (NASDAQ:LCUT) Using Too Much Debt?
Aug 05Lifetime Brands Non-GAAP EPS of -$0.14 misses by $0.19, revenue of $151.3M misses by $31.25M
Aug 04Financial Position Analysis
Short Term Liabilities: LCUT's short term assets ($399.9M) exceed its short term liabilities ($169.7M).
Long Term Liabilities: LCUT's short term assets ($399.9M) exceed its long term liabilities ($278.1M).
Debt to Equity History and Analysis
Debt Level: LCUT's net debt to equity ratio (88.7%) is considered high.
Reducing Debt: LCUT's debt to equity ratio has reduced from 142.9% to 91.5% 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: Whilst unprofitable LCUT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LCUT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9.8% per year.