Lifeway Foods Balance Sheet Health
Financial Health criteria checks 6/6
Lifeway Foods has a total shareholder equity of $63.5M and total debt of $2.5M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are $82.8M and $19.2M respectively. Lifeway Foods's EBIT is $19.1M making its interest coverage ratio 57.8. It has cash and short-term investments of $12.0M.
Key information
3.9%
Debt to equity ratio
US$2.49m
Debt
Interest coverage ratio | 57.8x |
Cash | US$12.03m |
Equity | US$63.54m |
Total liabilities | US$19.22m |
Total assets | US$82.75m |
Recent financial health updates
Lifeway Foods (NASDAQ:LWAY) Seems To Use Debt Rather Sparingly
Nov 27Is Lifeway Foods (NASDAQ:LWAY) Using Too Much Debt?
Aug 03Recent updates
Lifeway Foods Q1 Results: Digesting Another Record Quarter
May 17Here's Why We Think Lifeway Foods (NASDAQ:LWAY) Might Deserve Your Attention Today
May 09Market Participants Recognise Lifeway Foods, Inc.'s (NASDAQ:LWAY) Revenues Pushing Shares 29% Higher
Apr 27It's A Story Of Risk Vs Reward With Lifeway Foods, Inc. (NASDAQ:LWAY)
Mar 12Lifeway Foods Continues To Perform, But Its Price Is Excessive
Feb 20Lifeway Foods: Long Runway For Growth But Prospects Baked In
Jan 25Lifeway Foods (NASDAQ:LWAY) Seems To Use Debt Rather Sparingly
Nov 27Lifeway Foods' (NASDAQ:LWAY) Returns On Capital Are Heading Higher
Oct 03What Is Lifeway Foods, Inc.'s (NASDAQ:LWAY) Share Price Doing?
Sep 18Is Lifeway Foods (NASDAQ:LWAY) Using Too Much Debt?
Aug 03Lifeway Foods GAAP EPS of $0.01, revenue of $33.49M
Sep 26Lifeway Foods GAAP EPS of -$0.06, revenue of $34.1M
Aug 26Lifeway Foods GAAP EPS of -$0.01, revenue of $30.97M
Jul 21A Family Feud Just Placed Lifeway Foods For Sale
Feb 27Does Lifeway Foods (NASDAQ:LWAY) Have A Healthy Balance Sheet?
Feb 24The Bottom Fishing Club: Lifeway Foods
Oct 29Increases to CEO Compensation Might Be Put On Hold For Now at Lifeway Foods, Inc. (NASDAQ:LWAY)
Oct 12Lifeway Foods: There's Still A Lot Of Upside Potential
Aug 24Should You Be Adding Lifeway Foods (NASDAQ:LWAY) To Your Watchlist Today?
Aug 06Lifeway Foods, Inc.'s (NASDAQ:LWAY) 31% Price Boost Is Out Of Tune With Earnings
Jul 22Financial Position Analysis
Short Term Liabilities: LWAY's short term assets ($37.6M) exceed its short term liabilities ($14.9M).
Long Term Liabilities: LWAY's short term assets ($37.6M) exceed its long term liabilities ($4.3M).
Debt to Equity History and Analysis
Debt Level: LWAY has more cash than its total debt.
Reducing Debt: LWAY's debt to equity ratio has reduced from 11% to 3.9% over the past 5 years.
Debt Coverage: LWAY's debt is well covered by operating cash flow (622.1%).
Interest Coverage: LWAY's interest payments on its debt are well covered by EBIT (57.8x coverage).