LandBridge Balance Sheet Health
Financial Health criteria checks 2/6
LandBridge has a total shareholder equity of $162.3M and total debt of $138.7M, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are $310.4M and $148.0M respectively. LandBridge's EBIT is $83.4M making its interest coverage ratio 9.1. It has cash and short-term investments of $8.9M.
Key information
85.4%
Debt to equity ratio
US$138.70m
Debt
Interest coverage ratio | 9.1x |
Cash | US$8.89m |
Equity | US$162.33m |
Total liabilities | US$148.02m |
Total assets | US$310.36m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LB's short term assets ($19.4M) do not cover its short term liabilities ($26.8M).
Long Term Liabilities: LB's short term assets ($19.4M) do not cover its long term liabilities ($121.2M).
Debt to Equity History and Analysis
Debt Level: LB's net debt to equity ratio (80%) is considered high.
Reducing Debt: Insufficient data to determine if LB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LB's debt is well covered by operating cash flow (42.1%).
Interest Coverage: LB's interest payments on its debt are well covered by EBIT (9.1x coverage).