Leo Holdings II Balance Sheet Health
Financial Health criteria checks 0/6
Leo Holdings II has a total shareholder equity of $-16.2M and total debt of $1.4M, which brings its debt-to-equity ratio to -8.9%. Its total assets and total liabilities are $48.7M and $64.9M respectively.
Key information
-8.9%
Debt to equity ratio
US$1.44m
Debt
| Interest coverage ratio | n/a |
| Cash | US$591.00 |
| Equity | -US$16.19m |
| Total liabilities | US$64.89m |
| Total assets | US$48.70m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LHC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LHC 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: LHC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LHC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LHC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LHC's interest payments on its debt are well covered by EBIT.