Lument Finance Trust Balance Sheet Health
Financial Health criteria checks 3/6
Lument Finance Trust has a total shareholder equity of $242.2M and total debt of $1.0B, which brings its debt-to-equity ratio to 430.7%. Its total assets and total liabilities are $1.3B and $1.1B respectively.
Key information
430.7%
Debt to equity ratio
US$1.04b
Debt
| Interest coverage ratio | n/a |
| Cash | US$65.14m |
| Equity | US$242.20m |
| Total liabilities | US$1.05b |
| Total assets | US$1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFT.PRA's short term assets ($1.3B) exceed its short term liabilities ($10.8M).
Long Term Liabilities: LFT.PRA's short term assets ($1.3B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: LFT.PRA's net debt to equity ratio (403.9%) is considered high.
Reducing Debt: LFT.PRA's debt to equity ratio has reduced from 499.9% to 430.7% over the past 5 years.
Debt Coverage: LFT.PRA's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: Insufficient data to determine if LFT.PRA's interest payments on its debt are well covered by EBIT.