Legacy Education Alliance Balance Sheet Health
Financial Health criteria checks 0/6
Legacy Education Alliance has a total shareholder equity of $-27.8M and total debt of $6.4M, which brings its debt-to-equity ratio to -23%. Its total assets and total liabilities are $873.0K and $28.7M respectively.
Key information
-23.0%
Debt to equity ratio
US$6.39m
Debt
| Interest coverage ratio | n/a |
| Cash | US$91.00k |
| Equity | -US$27.81m |
| Total liabilities | US$28.68m |
| Total assets | US$873.00k |
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.