Legacy Education Alliance Balance Sheet Health
Financial Health criteria checks 0/6
Legacy Education Alliance has a total shareholder equity of $-26.5M and total debt of $5.5M, which brings its debt-to-equity ratio to -20.6%. Its total assets and total liabilities are $920.0K and $27.4M respectively.
Key information
-20.6%
Debt to equity ratio
US$5.47m
Debt
Interest coverage ratio | n/a |
Cash | US$129.00k |
Equity | -US$26.50m |
Total liabilities | US$27.42m |
Total assets | US$920.00k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEAI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LEAI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LEAI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LEAI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LEAI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LEAI's interest payments on its debt are well covered by EBIT.