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Logistics Innovation Technologies Balance Sheet Health
Financial Health criteria checks 1/6
Logistics Innovation Technologies has a total shareholder equity of $-14.0M and total debt of $235.0K, which brings its debt-to-equity ratio to -1.7%. Its total assets and total liabilities are $348.9M and $362.9M respectively.
Key information
-1.7%
Debt to equity ratio
US$235.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$409.60k |
| Equity | -US$13.97m |
| Total liabilities | US$362.86m |
| Total assets | US$348.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LITT.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LITT.U 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: LITT.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LITT.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LITT.U's debt is well covered by operating cash flow (3063%).
Interest Coverage: Insufficient data to determine if LITT.U's interest payments on its debt are well covered by EBIT.