Legion Capital Balance Sheet Health
Financial Health criteria checks 2/6
Legion Capital has a total shareholder equity of $19.0M and total debt of $40.7M, which brings its debt-to-equity ratio to 214.1%. Its total assets and total liabilities are $60.7M and $41.7M respectively. Legion Capital's EBIT is $5.6M making its interest coverage ratio 1.3. It has cash and short-term investments of $1.5M.
Key information
214.1%
Debt to equity ratio
US$40.73m
Debt
Interest coverage ratio | 1.3x |
Cash | US$1.49m |
Equity | US$19.02m |
Total liabilities | US$41.67m |
Total assets | US$60.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LGCP's short term assets ($60.4M) exceed its short term liabilities ($12.1M).
Long Term Liabilities: LGCP's short term assets ($60.4M) exceed its long term liabilities ($29.6M).
Debt to Equity History and Analysis
Debt Level: LGCP's net debt to equity ratio (206.3%) is considered high.
Reducing Debt: LGCP's debt to equity ratio has increased from 64.9% to 214.1% over the past 5 years.
Debt Coverage: LGCP's debt is not well covered by operating cash flow (2%).
Interest Coverage: LGCP's interest payments on its debt are not well covered by EBIT (1.3x coverage).