Leatt Balance Sheet Health
Financial Health criteria checks 5/6
Leatt has a total shareholder equity of $38.8M and total debt of $65.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $45.4M and $6.6M respectively.
Key information
0.2%
Debt to equity ratio
US$65.02k
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.47m |
| Equity | US$38.82m |
| Total liabilities | US$6.58m |
| Total assets | US$45.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEAT's short term assets ($40.5M) exceed its short term liabilities ($6.2M).
Long Term Liabilities: LEAT's short term assets ($40.5M) exceed its long term liabilities ($358.0K).
Debt to Equity History and Analysis
Debt Level: LEAT has more cash than its total debt.
Reducing Debt: LEAT's debt to equity ratio has reduced from 4% to 0.2% over the past 5 years.
Debt Coverage: LEAT's debt is well covered by operating cash flow (4687.2%).
Interest Coverage: Insufficient data to determine if LEAT's interest payments on its debt are well covered by EBIT.